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.
Gas prices increased on Monday, with support provided by a rise in demand which resulted in an undersupplied system. The Pound also weakened against the Euro which provided additional bullish pressure to the prompt.
4th May 2020 | Posted by: Rebecca Haughton | Market Analysis
European gas prices ended the week on another bearish note on Friday, pressured by lingering weakness in supply/demand fundamentals. Gas demand remained below seasonal norms overall due to lockdown measures but some signs of a progressive restart in economic activity are emerging.