Professional Energy Purchasing

Market Update

Here is a brief explanation regarding why the markets have been on the increase today, courtesy of Corona Energy:

Gas
Prices are up on the back of OPEC’s announcement of an agreement to Cut/Cap production of oil. This has caused a spike in oil and gas prices.

Power
There are concerns around French Nuclear production for winter periods meaning there could be less available for Import. There has also been some colder temperature forecast and gas prices have moved up in line with oil price increases.

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