Energy Market Analysis – 08-03-2021
8th March 2021 | Posted by: Daniel Birkett | Market Analysis
The colder weather forecast helped near curve gas prices climb higher on Friday, with low renewable power generation also contributing to a stronger demand outlook. Further out, prices strengthened on the back of recovering oil markets.
Energy Market Analysis – 05-03-2021
5th March 2021 | Posted by: Daniel Birkett | Market Analysis
The healthy LNG schedule helped to limit gains on the gas curve yesterday but overall sentiment was slightly bullish as the UK prepares for a period of colder weather and high demand.
Energy Market Analysis – 04-03-2021
4th March 2021 | Posted by: Daniel Birkett | Market Analysis
Gas prices traded down yesterday as the schedule for LNG cargoes arriving in the UK is a busy one. A short system had little impact on prices but temperatures were forecast to turn even colder as we head into the weekend.
Energy Market Analysis – 03-03-2021
3rd March 2021 | Posted by: Daniel Birkett | Market Analysis
The expected influx of LNG deliveries helped towards losses yesterday, although the current cold spell and very limited renewable power offered resistance as demand is considerably higher than last week’s levels.
Energy Market Analysis – 02-03-2021
2nd March 2021 | Posted by: Daniel Birkett | Market Analysis
Gas prices started the week on a bullish note on the back of a significant rise in demand which tested the system. Flows via the Langeled pipeline were close to capacity but additional storage withdrawals were required to meet demand.