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 - 05-10-2016
5th October 2016 | Posted by: Daniel Birkett | Market Analysis
Movement on the gas curve was largely bullish on Tuesday, erasing the strong losses displayed on the prompt in the previous session. Norwegian imports into the UK fell by 25mcm which offered support to the near-curve, with a colder weather forecast for next week also a factor. Further out, contracts continued to be pushed higher by rising Brent and a weaker Pound.
Energy Market Analysis - 04-10-2016
4th October 2016 | Posted by: Daniel Birkett | Market Analysis
Gas contracts initially opened higher on Monday on the back of weak LNG send-outs and a colder weather forecast for next week. However, a sharp rise in Norwegian imports via the Langeled pipeline in the afternoon resulted in an oversupplied system and erased some of the morning’s gains. The downward movement further along the curve was slightly restricted by a drop in the Pound and rising oil prices.
Energy Market Analysis - 03-10-2016
3rd October 2016 | Posted by: Daniel Birkett | Market Analysis
Gas prices displayed a slight decrease on Friday afternoon as a result of an expected rise in Norwegian flows this week following the end of seasonal maintenance. Temperatures were also forecast to be rather mild during October which could weigh on demand levels. Further out, a downward correction in oil prices provided additional bearish pressure for some contracts.
Energy Market Analysis - 30-09-2016
30th September 2016 | Posted by: Daniel Birkett | Market Analysis
Gas prices posted gains on Thursday ahead of the expiration of a number of contracts, with strong upward movement on the commodity market also a key factor. Oil prices increased on the back of Wednesday’s announcement in regards to production cuts which supported the far-curve. A weaker supply picture also provided bullish pressure at the front of the curve following another drop in Norwegian flows, while a weaker wind forecast will result in higher gas-fired power generation.
Market Update - OPEC Ministers announce production cut
29th September 2016 | Posted by: Daniel Birkett | Industry News
OPEC members have agreed to a preliminary deal to cut output for the first time in eight years which has resulted in increased oil prices.