14th June 2022 | Market Analysis

Energy Market Analysis - 14-06-2022

Close price: Prices closed up, as gas supply has become more stretched in recent days with lower gas flows through Nord Steam 1 and reduced LNG schedule in June given the outage at the U.S LNG terminal.

Opening price: UK market has open higher again, in response to reducing supply picture. Oil is on the up over supply output concerns, outweighing renewed covid restrictions in China.