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Energy efficiency is not just low-hanging fruit; it is fruit on the ground. Stephen Chu, US Secretary of Energy

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  • The overall upwards march in prices over recent months saw a welcome change this week, mainly due to the warm weather in the UK and the oil price falling back with news that OPEC may open up production levels. Read More...
  • Despite the good weather last week, short-term gas prices took a big step upwards once again, helped along by outages on the continent. All prices were volatile during the week, ultimately ending higher and tracking oil again in the longer term. Read More...
  • All prices continued the upward trend last week, dominated by the oil price and weakening sterling. Oil prices were pushed up following the news that the USA was to withdraw from the Iran nuclear deal and sterling weakened after the surprise decision of the Bank of England to maintain interest rates. Read More...
  • The summer weather last week helped the market in gas to move into oversupply and consequently, a reduction in short-term prices, with electricity obediently following suit. Longer term, however, the opposite proved true, with prices continuing to track with the oil price and the weakening pound. Read More...
  • The colder than expected weather last week, combined with unexpected outages in the Norwegian supply network, drove short-term prices higher. Longer term prices also increased, helped by a weakening pound sterling and upwards movement in oil. Read More...

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