London - British wholesale gas prices for November and December fell to their lowest ever levels on Friday after Ukraine and Russia signed a deal which will see Moscow resume supplies of gas over the winter.
The contract for delivery in November was trading at 52.10 pence per therm at 09:58, down 1.7% from the previous settlement but it had earlier touched 52.00 pence per therm, its lowest level since the contract began trading.
The December contract was trading at 54.60 pence per therm, also down 1.7% but touched its lowest ever level of 54.40 pence in earlier trade.