(Bloomberg) -- U.K. natural gas costs fell as
forecasts indicated supplies may outstrip expected consumption of
the fuel today.
Gas for same-day delivery declined as much as 2 pence, or
5.9 percent, to 32 pence a therm, according to prices on
Bloomberg from the broker ICAP Plc. It traded at 32.50 pence at
8:31 a.m. London time. That's equivalent to $6.70 a million
British thermal units. A therm is 100,000 Btus.
Read more at Bloomberg Energy News
forecasts indicated supplies may outstrip expected consumption of
the fuel today.
Gas for same-day delivery declined as much as 2 pence, or
5.9 percent, to 32 pence a therm, according to prices on
Bloomberg from the broker ICAP Plc. It traded at 32.50 pence at
8:31 a.m. London time. That's equivalent to $6.70 a million
British thermal units. A therm is 100,000 Btus.
Read more at Bloomberg Energy News
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