Wednesday 23 September 2020
UK gas demand has increased to 178MCM for today and is closer to the seasonal norm, and supplies are forecast over 20MCM long. Langeled nominations have
increased to 42MCM for today while storage withdrawals are almost at 30MCM. The system's early comfort has not encouraged any selling activity as prompt products are slow to get off the mark this morning. Early gains on the curve have been pared back with recent trades and contracts are around a half a penny up. In the crude oil markets, both benchmarks have moved little from last night's close as the market awaits the release of this week’s oil report from the Energy Information Administration.