Energy Market Analysis - 01-06-2022
1st June 2022 | Market Analysis
Brent pushed to near $123/bbl yesterday, helping to lift gas and power markets. This comes off the back of the confirmation the EU would ban all seaborne Russian oil imports.
Energy Market Analysis - 31-05-2022
31st May 2022 | Market Analysis
Prices are up again. This mainly comes down to the reaction over the suspension of Russian gas exports into the Netherlands, who did not facilitate in the requested roubles payments. There is growing speculation that Denmark will follow suit, with Orsted publicly stating they will only pay in Euro’s and the deadline payment for last month’s deliveries falls today.
Energy Market Analysis - 26-05-2022
26th May 2022 | Market Analysis
UK system is well supplied and demand is lower, helping to move prices on the prompt downwards. Crude oil prices remain strong. Support comes from the continued possibility of an EU embargo on Russian oil and a larger than projected decrease in US inventories.
Energy Market Analysis – 04-06-2021
4th June 2021 | Posted by: Daniel Birkett | Market Analysis
An improved outlook for UK and European storage levels, combined with another drop on carbon markets has contributed to losses across the gas curve this morning.
Energy Market Analysis – 03-06-2021
3rd June 2021 | Posted by: Daniel Birkett | Market Analysis
Gas prices ended the session lower as warm weather reduced demand and the system was oversupplied despite limited imports. A drop in carbon also helped towards the losses.