North Sea region’s gas markets bullish on supply/demand frictions

10.06.2021

British wholesale gas prices extended the previous day's rally on Wednesday morning, still supported by ongoing maintenance in Norway and bullish Asian gas and carbon markets.

The day-ahead contract was up 0.55 pence at 68.50 p/therm by 1034 GMT.

Gas for delivery in July rose by 0.50 pence to 68.50 p/therm.

"I think...