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Writer's pictureJoy .O

UK wholesale gas prices have risen again and are now at their highest level since mid-February.


Prices rose to nearly 135 pence a therm (a unit of heat used to measure gas) on Friday afternoon.

It comes after gas costs hit a six-month high of nearly 123p a therm on Tuesday afternoon - a level not seen since early April.

Higher gas prices can bring up household bills as electricity costs are linked to wholesale gas prices.

The UK is braced for increased demand for gas with temperatures to nosedive this weekend, while the Israel-Hamas war has led to the closure of a gas field off the coast of Israel.


Source: Here

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