Rough, the UK’s long-range gas storage facility will be empty by mid-March if it continues to churn out gas at full capacity. According to National Grid date this has raised concerns in the market and played a part in an increase in prices. ›

On Friday the system was left short by lower flows from UK gas fields, fewer imports and less liquified natural gas remains which moved gas prices higher. Traders said colder weather will drive demand for heating. ›

U.K. natural gas for within-day delivery rose to an 11-month high as temperatures fell to the lowest since February, boosting demand for the heating fuel. ›

Brent crude fell below $112 a barrel on Thursday as the prospects of more budget battles in the United States and rising oil supply weighed on prices, although upbeat economic data from China limited losses. ›

Amid signs of economic growth in the U.S. and China, the world’s biggest crude consumers, Oil headed for its first monthly gain since August in New York. ›

Oil rose on concern that the clash between Israel and Hamas will escalate into a wider conflict that would endanger Middle East crude shipments. ›

Brent crude oil fell below $109 a barrel on Monday as refineries along the U.S. East Coast wound down operations ahead of the approach of Hurricane Sandy, reducing crude use in the world’s largest oil consumer. ›

It has been said in a report on Friday that Britian faces a potential shortfall in electricity generation in the next three to four years. ›

Analysts said on Monday that Britain may receive more Norwegian gas in the 2012/13 gas year as continental European customers take more Russian supplies, which became more competitive following contract negotiations during the past months. ›

Maintenance at Total’s St Fergus receiving terminal was today extended by a further two days, cutting up to 11.5mn m³/d from the UK system’s gas import capacity. ›