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 very little trading yesterday due to the Bank Holiday in the UK, with only 3 contracts trading on the Dutch TTF (Title Transfer Facility) market, compared to 80 on Friday. The movement on these contracts was bearish with a milder weather forecast for May and falling oil prices weighing on the market. Gas demand in the UK was 21% lower than Friday, while imports from Norway remained comfortable.