energy price graph - 25-09-2017

Energy Market Analysis - 25-09-2017

25th September 2017 | Posted by: Daniel Birkett | Market Analysis

Gas prices moved down on Friday with the help of a more positive supply outlook across Europe. The re-opening of the Nordstream pipeline resulted in a sharp rise in Russian flows, while Norwegian imports into the UK have also ramped up, in addition to improved UKCS production.


energy price graph - 22-09-2017

Energy Market Analysis - 22-09-2017

22nd September 2017 | Posted by: Daniel Birkett | Market Analysis

Gas prices weakened on Thursday thanks to a positive supply/ demand outlook and a falling coal market. Mild weather is expected to weigh on residential demand, while the return of the Nordstream pipeline has improved supply levels on the continent. An extension to the Kollsnes outage restricted losses on the prompt, with another planned outage also scheduled at Karsto next week.


energy price graph - 21-09-2017

Energy Market Analysis - 21-09-2017

21st September 2017 | Posted by: Daniel Birkett | Market Analysis

An improved supply outlook and a milder weather forecast weighed on near-curve gas contracts yesterday. The Langeled pipeline returned following a 1-day shutdown and above-average temperatures should reduce demand levels, weighing on prices, with a comfortable European LNG outlook also a factor. Further out, a sharp drop in coal prices offset the impact of bullish oil.


energy price graph - 20-09-2017

Energy Market Analysis - 20-09-2017

20th September 2017 | Posted by: Daniel Birkett | Market Analysis

Movement along the gas curve varied yesterday with a lower demand outlook for the rest of the week applying bearish pressure on the prompt. Norwegian imports were reduced due to a shutdown of the Langeled pipeline but the facility has returned online today. However, an outage at Kollsnes has been extended till Friday, offering support to the rest of the near-curve.


energy price graph - 19-09-2017

Energy Market Analysis - 19-09-2017

19th September 2017 | Posted by: Daniel Birkett | Market Analysis

Gas prices displayed mixed movement yesterday as cold weather lifted demand and Norwegian supply was limited, resulting in a short system. Reduced wind generation contributed to an increase in CCGT demand which added to the undersupply. However, the outlook for later in the week is healthy and this helped to restrict the gains, while weaker coal and oil weighed on the far-curve.