Oversupply, stockpiling put North Sea region’s natural gas prices down

04.08.2020

British wholesale gas prices were mostly down on Monday due to an oversupplied system and brimming gas stocks.

The within-day contract inched down by 0.05 pence to 13.00 p per therm by 0908 GMT.

Gas for August delivery was down 0.19 pence at 13.40 p/therm.

The UK gas system was 3.6 million cubic...