The winter storm along the U.S. East Coast that disrupted holiday travel plans failed to ground the trademark balloons in Macy’s Thanksgiving Day Parade, which began with the blessings of the New York Police Department.
Commodity hedge funds run by George “Beau” Taylor and Stephen Jamison are posting gains this year as peers lose money and investors.
U.K. natural gas futures expiring in December may rise above 71.78 pence a therm for the first time since Sept. 12 after failing to breach the level three times in October, according to FuturesTechs.
The U.K. natural gas market wasn’t manipulated by traders in September last year, regulators said after a one-year investigation into buying and selling in Europe’s biggest consumer of the fuel.
Oakley Capital Management Ltd. closed its commodities fund of hedge funds as a gauge of performance across the industry retreated for a third year, according to two people with direct knowledge.
U.K. natural gas for within-day delivery dropped by the most in more than four months as forecast flows overwhelmed predicted demand.
The U.K. should brace for severe storm winds this weekend that may bring down trees and damage buildings, the Met Office said.
Southern England and Wales are preparing for winds of 60 to 80 miles per hour late tomorrow that may damage buildings and cause widespread disruption.
Southern England is girding for 90 mile-per-hour winds as the biggest storm since 1990 is forecast to fell trees and damage buildings.
The U.K.’s Office for Gas and Electricity Markets, Ofgem, has yet to decide whether to proceed with an investigation into claims of manipulation in wholesale natural gas markets made a year ago.