(Bloomberg) -- U.K. natural gas costs rose for a
second day as forecasts indicated demand may outstrip supply. Gas
for mainland Europe and U.K. power also gained.
U.K. gas for same-day delivery rose as much as 4.4 pence, or
15 percent, to 33.75 pence a therm, according to prices on
Bloomberg from the broker ICAP Plc. It traded at 32.75 pence as
of 9:58 a.m. in London. That's equivalent to $6.70 a million
British thermal units. A therm is 100,000 Btus.
Read more at Bloomberg Energy News
second day as forecasts indicated demand may outstrip supply. Gas
for mainland Europe and U.K. power also gained.
U.K. gas for same-day delivery rose as much as 4.4 pence, or
15 percent, to 33.75 pence a therm, according to prices on
Bloomberg from the broker ICAP Plc. It traded at 32.75 pence as
of 9:58 a.m. in London. 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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