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 continued to strengthen yesterday, following European markets and bullish sentiment on the overall energy complex. Power, coal, carbon and oil all moved higher, in addition to a rebound in global equities.
Near curve gas prices traded higher at the start of the session but gradually fell throughout the day. An expected rise in renewables today and over the weekend will reduce gas-fired power demand, but planned maintenance on the Nordstream pipeline and low LNG send-outs offered resistance.