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.
Energy Market Analysis - 17-05-2017
17th May 2017 | Posted by: Daniel Birkett | Market Analysis
Gas prices recorded small gains yesterday, with stronger oil providing on-going support. Prices were also helped to increase by a rising coal market, with a tight gas system also a factor as Norwegian imports remained low. Overall fundamentals were bullish as the Pound weakened once again and cooler temperatures were forecast for this week.
Energy Market Analysis - 16-05-2017
16th May 2017 | Posted by: Daniel Birkett | Market Analysis
Gas prices were pushed higher by rising Brent on Monday following the extension agreement between Russia and Saudi Arabia. The UK gas system was also short throughout the session, with on-going maintenance in Norway limiting exports to the continent. Meanwhile, the LNG outlook is weaker due to an unplanned outage at the Gorgon LNG terminal train 1 in Australia which is expected to take around a month to resolve.
Energy Market Analysis - 15-05-2017
15th May 2017 | Posted by: Daniel Birkett | Market Analysis
Gas contracts increased on Friday following a rise in buying interest as traders looked to exploit strong losses earlier in the week. Norwegian flows were also restricted due to on-going maintenance at a number of fields. Meanwhile, coal and oil contracts strengthened, offering additional support to the far-curve, with a weaker Pound also a factor.
Saudi Arabia and Russia agree to extend oil production cuts
15th May 2017 | Posted by: Daniel Birkett | Industry News
Saudi Arabia and Russia have agreed to an extension which will see oil production capped until March 2018.
Energy Market Analysis - 12-05-2017
12th May 2017 | Market Analysis
European gas spot and near curve prices weakened yesterday, pressured by weak demand forecasts due to expectations of warmer weather.