Energy Market Analysis - 15-08-2017
15th August 2017 | Posted by: Daniel Birkett | Market Analysis
A long system resulted in downward movement across the front of the curve yesterday, with falling oil weighing on prices further out. An increase in Norwegian and UKCS flows contributed to the oversupplied system, although imports via Langeled were still slightly restricted.
Energy Market Analysis - 14-08-2017
14th August 2017 | Posted by: Daniel Birkett | Market Analysis
Gains were recorded across the gas curve on Friday as the system fell short due to on-going outages in the North Sea. This drop in supply helped contracts rebound after a bearish opening, with oil failing to offer much support in either direction.
Energy Market Analysis - 11-08-2017
11th August 2017 | Posted by: Daniel Birkett | Market Analysis
Gas price displayed gains on Thursday as a result of unplanned outages affecting UKCS and Norwegian output. LNG send-outs were also slightly weaker and bearish oil prices had little impact on the far-curve.
Energy Market Analysis - 10-08-2017
10th August 2017 | Posted by: Daniel Birkett | Market Analysis
Gas prices were bullish yesterday on the back of supply restrictions and a rise in Brent and coal. Output at the UK’s Cygnus gas field was restricted, while the outage at Heimdal was extended, resulting in a short UK gas system.
Energy Market Analysis - 09-08-2017
9th August 2017 | Posted by: Daniel Birkett | Market Analysis
Movement on the gas curve was largely bearish on Tuesday, with near-curve contracts taking direction from the prospect of higher Norwegian supply. Norwegian imports are expected to rise tomorrow as the unplanned outage at the Asgard field should be resolved today. Further along the curve, prices were pressured down by a drop in coal and oil.