(Bloomberg) -- U.K. natural-gas prices rose after
weather forecasters predicted temperatures may cool, potentially
boosting demand for heating in homes and offices.
Gas for delivery a day-ahead at the National Balancing
Point, the U.K. trading hub, rose 4.1 percent to 25.6 pence a
therm as of 8:27 a.m. in London, according to broker ICAP Plc.
That equals $5.08 per million British thermal units. A therm is
100,000 Btus. Day-ahead contracts concluded on Friday are for
delivery the following Monday.
Read more at Bloomberg Energy News
weather forecasters predicted temperatures may cool, potentially
boosting demand for heating in homes and offices.
Gas for delivery a day-ahead at the National Balancing
Point, the U.K. trading hub, rose 4.1 percent to 25.6 pence a
therm as of 8:27 a.m. in London, according to broker ICAP Plc.
That equals $5.08 per million British thermal units. A therm is
100,000 Btus. Day-ahead contracts concluded on Friday are for
delivery the following Monday.
Read more at Bloomberg Energy News
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