# UK GAS-Prices down on increased supplies from Norway, LNG | Gas Processing & LNG

> British wholesale gas prices fell as higher Norwegian pipeline flows and LNG imports oversupplied the UK system. Within-day gas dropped to its lowest level since August.

- Date: 2018-11-19 · published 2018-11-19T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/62213-uk-gas-prices-down-on-increased-supplies-from-norway-lng-gas-processing-and-lng
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Oversupply in Europe's gas market is bearish for European gas prices and reduces competition for LNG cargoes, with little direct effect on feed grain prices.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- gasprocessingnews.com: https://www.gasprocessingnews.com/news/2018/11/uk-gas-prices-down-on-increased-supplies-from-norway-lng/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.