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Reuters reported that British spot gas rose more than 8 percent after exports to mainland Europe
surged and supply in the domestic market fell short of demand.
Reuters reported that British spot gas rose more than 8 percent after exports to mainland Europe surged and supply in the domestic market fell short of demand.
As quoted in the market news:
Gas for immediate delivery surged to 58.25 pence per therm as utilities in Europe leaned heavily on imports from Britain as heating demand increased, sucking 42 million cubic meters/day (mcm/day) away from the UK.
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