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 eased down towards the end of last week as temperatures forecasts for the next fortnight were revised higher. Improved wind generation was also forecast for the weekend and the start of this week, reducing demand.
Gas prices ended the session lower on Wednesday, erasing some of the strong gains recorded in the previous session as European markets remained volatile. Low LNG send-outs were offset by healthy imports, while cold weather kept demand levels high.
Sentiment on the gas curve was little changed throughout the week, with the front of the curve influenced by cold weather and reduced LNG send-outs. Meanwhile, oil and carbon markets continued their bullish trend, supporting the far curve.