Tuesday, July 10, 2007

U.K. Natural Gas Prices Decline Amid Lower Demand, Adequate Fuel Supply

(Bloomberg) -- U.K. natural gas fell on forecasts
demand would decline today, after supplies met requirements
yesterday.

Gas for delivery a day ahead fell 4.8 percent to 30 pence a
therm, according to prices on Bloomberg from broker ICAP Plc.
That's equivalent to $6.04 a million British thermal units. A therm
is 100,000 Btus.


Read more at Bloomberg Energy News

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