(Bloomberg) -- U.K. natural gas costs declined as a
drop in demand prompted a switch in the direction of flows on a
pipeline connecting England with mainland Europe.
Gas for delivery intraday slipped 3.4 percent to 28.25
pence a therm, according to prices on Bloomberg from the broker
ICAP Plc. The day-ahead price fell 2.6 percent to 28.5 pence a
therm. That's equivalent to $5.83 a million British thermal
units. A therm is 100,000 Btus.
Read more at Bloomberg Energy News
drop in demand prompted a switch in the direction of flows on a
pipeline connecting England with mainland Europe.
Gas for delivery intraday slipped 3.4 percent to 28.25
pence a therm, according to prices on Bloomberg from the broker
ICAP Plc. The day-ahead price fell 2.6 percent to 28.5 pence a
therm. That's equivalent to $5.83 a million British thermal
units. A therm is 100,000 Btus.
Read more at Bloomberg Energy News
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