Eurasian natural gas benchmarks up as Norway holds back

24.05.2022

British wholesale gas prices rose on Monday morning on lower Norwegian supply and the risk of outages being extended.

UK gas for immediate delivery jumped by 59 pence to 135 pence per therm by 0809 GMT, its highest level since May 3. The day-ahead price was 25 pence higher at 134 pence/therm.

This was...