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Power and gas prices hit fresh, record highs - 29-07-2021

Prices have just hit a new, never before seen highs in gas and electric. Energy in the UK is becoming seriously expensive. Prices are marching up even higher this morning, helped by the rally in oil prices. Data suggests the rise in cases of the Delta variant, is having little impact on the summer driving season.

There are still no LNG shipments booked in by the UK, not even the dependable Qatar have anything for us, as supply for Europe and the UK dries up, with Asia winning the majority of vessels now.