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 – 10-11-2020
10th November 2020 | Posted by: Daniel Birkett | Market Analysis
Higher Gas-fired power demand offered some support to gas prices yesterday, although mild weather kept a lid on residential demand. LNG flows were at capacity and storage levels are full as we head into the winter months. Meanwhile, a recovering oil market helped to lift the far curve.
Energy Market Analysis – 09-11-2020
9th November 2020 | Posted by: Daniel Birkett | Market Analysis
The forecast for this week pointed towards temperatures above the seasonal norm which contributed to some downward movement on the near curve on Friday. A weak renewable outlook lifted the prompt, while a drop in oil weighed on the far curve.
Energy Market Analysis – 06-11-2020
6th November 2020 | Posted by: Daniel Birkett | Market Analysis
Oil prices dipped in the afternoon, resulting in some losses on the far curve. The front of the curve found support from a rise in demand, with colder temperatures and additional home working contributing to higher residential consumption.
Energy Market Analysis – 05-11-2020
5th November 2020 | Posted by: Daniel Birkett | Market Analysis
Despite an oversupplied system, gas prices traded higher due to an expected rise in demand as cold temperatures hit the UK, in addition to a low renewable generation outlook for today. Further out, a rise in oil was the main focus.
Energy Market Analysis – 04-11-2020
4th November 2020 | Posted by: Daniel Birkett | Market Analysis
Gas prices increased during Tuesday’s session, taking direction from a colder weather outlook and increasing oil. Meanwhile, a weaker wind generation forecast helped the prompt add to its price.