(Bloomberg) -- U.K. natural gas for delivery today
rose as forecasts showed for a second day that demand may exceed
supply. Shippers withdrew gas from underground storage sites and
imported the fuel from Belgium. Power prices fell.
Gas for intraday delivery climbed to 23 pence a therm, an
increase of 4.5 percent from the last price for deliveries today
in trading yesterday. The price is equivalent to $4.6 a million
British thermal units. A therm is 100,000 Btus.
Read more at Bloomberg Energy News
rose as forecasts showed for a second day that demand may exceed
supply. Shippers withdrew gas from underground storage sites and
imported the fuel from Belgium. Power prices fell.
Gas for intraday delivery climbed to 23 pence a therm, an
increase of 4.5 percent from the last price for deliveries today
in trading yesterday. The price is equivalent to $4.6 a million
British thermal units. A therm is 100,000 Btus.
Read more at Bloomberg Energy News
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