|Market Close||Market Close|
|After a relatively quiet day of trading, gas prices ended on a bullish note, with a combination of a weaker pound against the euro and news of a new outage which will cut Rough withdrawals until 1st January helping to curb early losses.||Increased wind generation saw prices decrease yesterday as the near curve in particular took on a bearish note, with a milder weather outlook seeing a drop in anticipated demand.|
|Market Open||Market Open|
|The UK market opened to uncertainty brought about by restrictions placed on Rough until the end of year, with slightly colder looking weather forecasts contributing to a rise in the near curve in this morning's session.||Continued increases in wind generation, which is forecast to continue, have limited the impact of a slightly colder forecast. Rising Oil and Coal prices, however, have seen an increase in prices across the curve as the market opened this morning.|
Market close data has revealed that the 1-year forward price for commercial gas and electricity recorded small gains - closing at 45.35ppt and £45.70/MWh, respectively.
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