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A nation that can't control its energy sources can't control its future. Barack Obama

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  • Higher than expected demand overall last week, combined with lower than average temperatures, saw increases in the short-term gas and electricity markets. Longer-term increases followed oil in its relentless rise to 3-year highs. Read More...
  • Oil prices continued to push through recent highs, although increased supplies flowing from US wells helped to temper the effect of the unrest in Iran. Gas was in oversupply for most of the week, keeping prices low in the short and medium term. Strong wind generation with lower forecast temperatures helped electricity to remain stable. Read More...
  • Oil prices continued to push through recent highs, although increased supplies flowing from US wells helped to temper the effect of the unrest in Iran. Gas was in oversupply for most of the week, keeping prices low in the short and medium term. Strong wind generation with lower forecast temperatures helped electricity to remain stable. Read More...
  • With the market closed on both Christmas and Boxing Day, it reopened on the Wednesday with gas prices finishing lower due to strong domestic supply conditions. However, a combination of an undersupplied system and below seasonal average temperatures saw some volatility towards the end of the week, with things finally settling on Friday afternoon. Read More...
  • A shutdown of the North Sea Forties pipeline, which connects a significant number of gas fields to the British mainland, followed by an explosion at a large Austrian gas hub, caused a surge in both gas and electricity prices early in the week. Although the issues were resolved later, gas prices still ended the week nearly 5% up from the previous period. Read More...

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