Outages see LNG prices hitting five year high

Day prices for liquid natural gas (LNG) have been hitting five year highs after unexpected outages from key gas fields came at the same time UK stocks are running low. Worries about the UK’s “dwindling” gas storage were “more than warranted” according to a weekly market report from npower. Sammy Blay, Client Portfolio Manager at […]

“Lacklustre” week for power and gas

It was a “lacklustre” week for power and gas last week despite Brent crude oil prices hitting a nine month high of more than $119 per barrel, according to a weekly market report. Demand for gas and power rose as a result of “yet another cold spell” which saw temperatures dipping below seasonal norms, according […]