(Bloomberg) -- U.K. natural gas for same-day delivery
rose to the highest in more than four weeks as forecasts showed
above-average demand may exceed supply amid a halt in flows at a
sub-terminal and expected exports of the fuel to Belgium.
Gas for intraday delivery gained 10 percent to 24.95 pence a
therm as of 8:25 a.m. in London, the highest since May 30,
according to prices on Bloomberg from broker ICAP Plc. That's
equivalent to $5.02 a million British thermal units. A therm is
100,000 Btus.
Read more at Bloomberg Energy News
rose to the highest in more than four weeks as forecasts showed
above-average demand may exceed supply amid a halt in flows at a
sub-terminal and expected exports of the fuel to Belgium.
Gas for intraday delivery gained 10 percent to 24.95 pence a
therm as of 8:25 a.m. in London, the highest since May 30,
according to prices on Bloomberg from broker ICAP Plc. That's
equivalent to $5.02 a million British thermal units. A therm is
100,000 Btus.
Read more at Bloomberg Energy News
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