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U.K. Natural Gas Trades Like It’s Winter
bloomberg.com
The only evidence it’s summer in Britain is the calendar.
The U.K. is as chilly as it was in parts of December, pushing the price of the nation’s main fuel for heating to the highest level in six months.
Same-day gas on the U.K.’s National Balancing Point market rose for a fifth consecutive day, gaining as much as 4.3 percent to the highest level since Dec. 11, according to broker data compiled by Bloomberg. Temperatures in the U.K. are forecast at 13.3 Celsius (56 Fahrenheit) for Thursday, colder than what it was six days before Christmas last year, according to The Weather Co.
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