• Colder weather is expected for the end of the month but there are some hints that early December could be warmer-than-normal.
  • The market underforecasted the amount of natural gas injected two weeks in a row which has lowered the natural gas commodity price.
  • The impact of the moderate weather and lower natural gas basis prices is flowing through to wholesale power prices.
  • European LNG prices have been steady over the last two weeks.