(Bloomberg) -- U.K. natural-gas prices for delivery
in June declined as high inventory levels reduced demand from
users who store gas in the summer for withdrawal next winter.
Gas for June delivery at the National Balancing Point, the
U.K. trading hub, fell 2.7 percent to 23.4 pence a therm at 8:50
a.m. in London, according to broker ICAP Plc. That equals $4.62
per million British thermal units. A therm is 100,000 Btus.
Read more at Bloomberg Energy News
in June declined as high inventory levels reduced demand from
users who store gas in the summer for withdrawal next winter.
Gas for June delivery at the National Balancing Point, the
U.K. trading hub, fell 2.7 percent to 23.4 pence a therm at 8:50
a.m. in London, according to broker ICAP Plc. That equals $4.62
per million British thermal units. A therm is 100,000 Btus.
Read more at Bloomberg Energy News
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