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.
Energy Market Analysis - 30-11-2016
30th November 2016 | Posted by: Daniel Birkett | Market Analysis
Gas prices displayed mixed movement on Tuesday with contracts at the front of the curve climbing higher as cold weather has pushed up demand, with below average temperatures expected to continue throughout December. Prices further along the curve were generally stable with oil prices failing to provide much support.
Energy Market Analysis - 29-11-2016
29th November 2016 | Posted by: Daniel Birkett | Market Analysis
Cold temperatures and reduced imports from Norway resulted in a tighter gas system yesterday which led to gains at the front of the curve. The drop in temperatures saw demand levels rise to 27% above the seasonal norm with a further increase expected today. Meanwhile, an outage at the Heimdal platform restricted Norwegian exports by 13mcm compared to last week’s average. Another drop in the Pound and gains on the oil market also helped to support gas contracts further out.
Market Update - Project Nexus pushed back to June 2017
29th November 2016 | Posted by: Daniel Birkett | Industry News
Project Nexus has been given a new live date of the 1st of June 2017 following previous delays.
Energy Market Analysis - 28-11-2016
28th November 2016 | Posted by: Daniel Birkett | Market Analysis
Near-curve gas prices moved higher on Friday as two unplanned outages reduced UKCS production, while weaker Brent helped to weigh on contracts on the far-curve. Demand levels across Europe are also set to rise over the coming weeks which offered further support to prices at the front of the curve.
Market Update - GB Energy has ceased trading
28th November 2016 | Posted by: Daniel Birkett | Industry News
Independent supplier, GB Energy has ceased trading, stating the recent rise in energy prices as the cause behind the firm’s collapse.