The latest forecast from meteorologists WSI point to warmer than normal temperatures this winter (Nov-Jan) in western/northern Europe. Warmer than normal temperatures are likely to reduce demand for gas and oil for heating.
In the short term the UK may be an exception. The UK is forecast to see colder than normal temperatures in November, particularly early in the month.
Although UK energy prices may see short term increases, both gas and heating oil prices are closely correlated with oil prices which is likely to see further falls during the fourth quarter.
The next seasonal forecast will be published on 19th November.