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.
The National Grid has now announced the three Triad periods for Winter 2016/17.
Gas prices moved down during Friday’s session with bearish pressure provided by a weaker demand outlook and healthy LNG supply. The bigger losses were displayed at the front of the curve due to the milder weather forecast, while stable coal and oil markets limited the decreases on the far-curve.
Near-curve gas prices moved down yesterday afternoon as demand levels are expected to fall in the coming days and systems across Europe were comfortable. A rise in coal prices restricted downward movement on the far-curve with further bullish pressure provided by a strengthening Pound.
Gas prices displayed losses yesterday following an improvement in Norwegian flows, as the outage at Kollsnes was resolved. Milder temperatures are also expected in the coming days with further bearish pressure provided by losses on the coal and oil markets.