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 majority of gas prices closed higher on Wednesday as demand levels are set to grow over the weekend and tighter supply is expected in January. Meanwhile, progress in terms of Brexit negotiations offered some optimism in the afternoon.
Gas prices were pushed higher by the stalemate between the UK and the EU in regard to trade deal talks. A tighter demand outlook also offered further support to the curve, in addition to a rise in commodities.