Apollo Energy publishes a daily energy market analysis, focusing on the gas, power and oil markets including a commentary on how the markets close and open. Our analysis provides insight on how the markets are performing and also considers various factors which could dictate price changes in the future.
The analysis also contains a graph which tracks the one-year forward price of both gas and electricity as well as changes to Brent crude oil.
There was little movement on the spot market yesterday and UK gas fundamentals also saw no major changes. However UK gas production is higher this morning with the St Fergus Mobil Terminal contributing the most which should see contracts turn bearish.
Spot prices made further gains yesterday due to a drop in wind generation and a number of outages at hydro plants. While gas flows via Norway have failed to improve this morning which should lead to higher September-13 prices, the oil market will also have an influence prices.