Bloomberg quotes Nick Campbell regarding the impact of weather on gas prices
“It is a combination of classic mean reversion of prices following last week’s steep gains on a short squeeze and warming temperatures,” Nick Campbell, an energy risk manager at Inspired PLC in Kirkham, England, said by e-mail. “This has combined with an improving supply picture as Norwegian imports have picked up from last week and […]
“It is a combination of classic mean reversion of prices following last week’s steep gains on a short squeeze and warming temperatures,” Nick Campbell, an energy risk manager at Inspired PLC in Kirkham, England, said by e-mail. “This has combined with an improving supply picture as Norwegian imports have picked up from last week and the U.K. is set to become awash with gas.”
