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EU oil ban 'confident' of going ahead

Close price: Prices traded slightly higher, pushed up by confident talk from the German Economic Ministry and France’s Foreign Ministry that a EU Ban on Russian oil will be agreed soon. There was high buying interest yesterday on Winter-22 period, as it dipped to its lowest point in a few months, which lifted its price much higher with activity by market close.

Opening price: Fairly flat opening on the markets. The day ahead market is most fluid, trading lower than yesterday, thanks to wind generation output at 14GW, making up 43% of UK Power supply mix.