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 gas curve climbed higher during August’s first day of trading, with spot prices finding support from low liquidity on trading floors, resulting in a ‘short squeeze’. Further out, prices were lifted by an increase in oil.
Gas prices moved marginally higher at the front of the curve on Friday, whereas contracts from Front-Month onwards traded lower. European markets displayed mixed movement, while commodities were bullish overall.