Higher demand to support European hub prices

Colder weather is set to hit major European markets over the coming week, boosting heating-related demand and supporting gas prices Colder weather is set to hit major European markets over the coming week, boosting heating-related demand and supporting gas prices.
By Catriona Scott 11 January 2017 0 24457

Colder weather is set to hit major European markets over the coming week, boosting heating-related demand and supporting gas prices. A cold snap is forecast to hit much of the UK over the next few days. This follows relatively mild temperatures and weak seasonal consumption, with the UK’s gas demand forecast to be around 3% below seasonal norms on Wednesday.

Although the cold snap is expected to be followed by comparatively mild weather next week, the colder temperatures and snow that are forecast will support a...

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