Wholesale gas prices drop 9% in October

Wholesale gas prices drop 9% in October

Wholesale gas prices have dropped, according to a review.

The Naturgy Energy Review and Forecast shows they have fallen by 9% on average in October compared to the previous month.

Storage injections and temperature have had a significant influence over the direction of prices.

However, it reveals Irish wholesale gas prices are 47% higher on average this month when compared to October 2017.

The review also shows electricity prices have increased by 3% on a month-on-month basis.

- Digital Desk


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