UK Natural Gas Prices Move Higher

AI Summary

UK natural gas prices climbed above 230 pence per therm after two days of declines as markets weighed mixed signals about US-Iran negotiations. Qatar expressed hope for an interim agreement, while an Iranian official reportedly suggested a deal remained uncertain.

UK natural gas prices rose above 230 pence per therm on Wednesday after two consecutive days of declines, as markets assessed conflicting signals on the progress of US-Iran talks. Qatar said on Tuesday it saw hope for an interim agreement as mediators continued exchanging proposals. However, an Iranian official reportedly said that a deal to ...