Friday 31 July 2020
Increased wind power generation has seen gas demand for CCGT fall off this morning and overall demand on the
UK gas system is forecast at just 134MCM today. The new front month gas contract for September is up only fractionally and the front winter contract has yet to trade. Crude oil has recovered some of yesterday's loss with Brent up by 40 cents overnight to $43.35 and West Texas trading just above $40.00 a barrel again.