Energy Market Analysis - 17-01-2013

Energy Market Analysis - 17-01-2013

17th January 2013 | Posted by: Daniel Birkett | Market Analysis

While the demand for gas continued to increase yesterday, the drop in domestic production in the UK combined with a drop in Norwegian flows led to a tightened UK gas system. This resulted in high storage withdrawals to balance the system. Cold weather is expected to support European gas demand and prices today.