(Bloomberg) -- U.K. natural gas for delivery a day
ahead retreated from yesterday's seven-month high as supply
adequately met demand even after halts at two sub-terminals for
North Sea gas on the east coast of England.
Day-ahead gas fell as much as 5.2 percent to 32.9 pence a
therm, according to prices on Bloomberg from broker ICAP Plc. It
traded at 33 pence a therm at 8:19 a.m. A price of 33 pence a
therm is equivalent to $6.73 a million British thermal units. A
therm is 100,000 Btus.
Read more at Bloomberg Energy News
ahead retreated from yesterday's seven-month high as supply
adequately met demand even after halts at two sub-terminals for
North Sea gas on the east coast of England.
Day-ahead gas fell as much as 5.2 percent to 32.9 pence a
therm, according to prices on Bloomberg from broker ICAP Plc. It
traded at 33 pence a therm at 8:19 a.m. A price of 33 pence a
therm is equivalent to $6.73 a million British thermal units. A
therm is 100,000 Btus.
Read more at Bloomberg Energy News
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