RE: Forward Pricing28 Dec 2024 17:41
Missing one point , as you keep highlighting the YU graph for energy prices for 2024 onwards has not reflected actuals
Energy prices as up over 100% since March 24 which no one predicted, that’s the beauty of commodities and with the Russian invasion of ukraine continuing , Syria , Lebanon, Iran, Yemen and now the gas supply through Ukraine possibly ending in days who know where energy costs are heading.
Margins are margins 10% of 40p is a bit different to 10% of 120p is it not but then as you say no one knows the exact deals of the Shell deal even though you implied it should be made public ?? Which is the most commercial sensitive data so could not understand you constant demanding of this detail even when EON signed the same hedging agreement with Ultilita and did give details , I wonder why ?