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British gas prices slump as Qatar, Trinidad imports eases reserves worry

LONDON (Reuters) - British wholesale gas prices fell by up to 20 percent on Monday, undermined by major gas shipments due from Qatar and Trinidad to help replenish stored gas reserves depleted by weeks of abnormally cold weather. The price of gas for weekend delivery fell about 20 percent to 84 pence per therm, while the day-ahead gas contract slumped to 93.50 pence, a drop of around 11 percent.

BRIEF-UK's OFT will not refer Intercontinental Exchange-APX-ENDEX Holding deal to Competition Commission

LONDON, Feb 28 (Reuters) - Office Of Fair Trading : * OFT says it Will not refer Intercontinental Exchange-Apx-Endex holding deal to the Competition Commission * Source text:
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