Monthly Archives: December 2018

Energy costs: After an initial slump in early December, both gas and electricity annuals prices rallied as we approached mid-month. OPEC finally formalised oil production cuts bolstering prices and May’s decision to delay the Brexit vote caused further Sterling devaluation. A dip in temperatures and forecasts

Energy costs: Short term gas and electricity prices were buffeted by changes in weather forecasts shortening the expected cold blast to a few days, volatile wind generation output and multiple LNG deliveries to the UK. Meanwhile, longer term markets slumped to August levels tracking similar