Rough production was delayed in its return by another two weeks and this has seen speculative buyers push the price of Winter 06 up. Rough is in full injection mode at the moment but is expected to be switch round in the Winter to provide the gas that has been stored over the Summer. With the heatwave and a number of plant out then this is the opportunity for bulls to come in and buy, there is no doubt that buyers have woken up to these price levels, and this is something which has meant that although Winter traded at £59.85 it did not stay there for long.

Prices have risen this morning with Winter 06 bid at £60.40 but this is just on fear from yesterday, when mild weather returns tomorrow and some of the plant returns for next week (hopefully), then prices will fall in the prompt and almost certainly drag Winter 06 with them.