Doubts on steady supply/demand balance drive North Sea region’s natural gas prices up

23.10.2020

British wholesale gas prices rose on Thursday morning as cooler weather forecasts pointed to increased demand.

The day-ahead contract was 0.25 pence higher at 40.50 pence per therm by 0838 GMT.

The within-day contract was up by 0.65 pence at 40.50 p/therm.

The UK gas system was over-supplied by 6.8 million cubic metres...