Wholesale #energymarketreport from #bcconsultants today - Gas: Current DA 63.25 July 2013 - 63.45 . Yesterday, lower BBL and Langeled flows made the UK system less comfortable as reflected by lower storage injections. This helped push NBP spot and near curve prices higher. July 2013 prices increased by 0.92% at the close, to 63.490 pence/th. o The UK system seems more comfortable this morning thanks in particular to lower demand. This could lead to a slight drop in July 2013 prices today. o The increase was lower for TTF Endex July 2013 prices yesterday (+0.41%, to 25.925 EUR/MWh) thanks to the significant rise in Norwegian flows to Emden/Dornum. o Today, as on the NBP, we expect a slight drop in prices. o TTF Endex cal 2014 prices were slightly higher yesterday: +0.19% at the close, to 26.39 EUR/MWh. o Today, the expected drop in gas 1st nearby prices and oil prices could push these cal 2014 prices lower.
Posted on: Wed, 26 Jun 2013 09:30:36 +0000
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