UK gas prices to remain low despite weather

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Lianna Brinded
23 Feb 2010

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"From a UK perspective, the price spikes we saw earlier in the year were due to temporary problems with importing from Norway, and potential disruption from Russia and the Ukraine combined with a cold snap," says David Hart, oil and gas analyst at Westhouse Securities. "However, the supply side of the equation is now functioning normally. On the demand side, we might have colder weather but it is not as extreme as before and certainly not enough to cause a spike in prices."

UK gas on the day

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