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 - 29-04-2016
29th April 2016 | Posted by: Daniel Birkett | Market Analysis
LNG send-outs, BBL flows and Norwegian imports all ramped up yesterday, sending the UK gas system into oversupply which resulted in losses across the near gas curve. Warmer temperatures are also expected to return next week which will reduce demand levels, further weighing on prompt contracts. However, rising Brent limited some of the bearish movement further along the curve.
Energy Market Analysis - 28-04-2016
28th April 2016 | Posted by: Daniel Birkett | Market Analysis
A warmer weather outlook for next week helped to weigh on gas contracts yesterday afternoon, with further downward pressure coming from healthy LNG flows. Gas demand in the UK increased once again yesterday which supported prompt contracts in the morning, while rising Brent helped towards gains on the far curve.
Energy Market Analysis - 27-04-2016
27th April 2016 | Posted by: Daniel Birkett | Market Analysis
Gas consumption increased once again yesterday as temperatures were at their coldest for two weeks; residential demand rose by 15mcm to 189mcm. LNG flows remained healthy with further deliveries expected in the UK before the end of the month which helped to limit some of the gains, although the gas system remained short. A late rally in oil prices also offered support to far-curve contracts.
Energy Market Analysis - 26-04-2016
26th April 2016 | Posted by: Daniel Birkett | Market Analysis
Gas prices fluctuated on Monday; initially opening at a premium, falling in the afternoon and then rebounding before the end of the session due to a rise in oil. The cooler weather forecast for this week supported near-curve prices in the morning but comfortable supply levels helped to erase some of these gains as the session progressed. Improved Norwegian flows helped towards a long UK gas system, while the short-term LNG outlook also remains healthy.
Market Update - Increase in European Power Prices
26th April 2016 | Posted by: Daniel Birkett | Market Analysis
The French President has announced closures at nuclear reactors from 2018, as well as a commitment to a minimum price for carbon emission allowances, resulting in strong upward movement on the power market.