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Market Update

  • Thursday 16 May 2019:Crude oil inventories increased in the U.S. against market expectations while gasoline stocks declined by 1.2 million barrels

  • Thursday 16 May 2019:

    Crude oil prices rose on Wednesday with Brent posting a gain of 53 cents to $71.77 while WTI closed up by 0.4% higher at $62.02

  • Tuesday 21 May 2019:Overall demand on the UK gas system moved above 200MCM on Monday as increased demand for gas-fired power was called on to supplement low wind generation levels

  • Tuesday 21 May 2019:The front month gas contract recovered from Friday's 40-month low to settle above 30.00p again on Monday as the futures market saw mixed movement on the day

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