energy price graph - 12-07-2019

Energy Market Analysis –12-07-2019

12th July 2019 | Posted by: Daniel Birkett | Market Analysis

The UK gas system was 18mcm short yesterday due to strong gas-fired power demand and restricted flows. This helped to lift prices across the near-curve, whereas the far-curve found support from a sharp rise in oil, while carbon continued its bullish trend.


energy price graph - 11-07-2019

Energy Market Analysis –11-07-2019

11th July 2019 | Posted by: Daniel Birkett | Market Analysis

Gas prices moved higher yesterday as Co2 prices hit an eleven year high, with coal and oil also showing an increase. The system was also undersupplied due to a rise in gas-fired power, weaker LNG send-outs and restricted Norwegian flows.


energy price graph - 10-07-2019

Energy Market Analysis –10-07-2019

10th July 2019 | Posted by: Daniel Birkett | Market Analysis

Tuesday saw a generally volatile day of trading with most contracts displaying sharp fluctuations over the course of the session before a late rally. The supply outlook was stable with an outage in Norway impacting flows into the UK, while a weaker Pound offered support further along the curve.


energy price graph - 09-07-2019

Energy Market Analysis –09-07-2019

9th July 2019 | Posted by: Daniel Birkett | Market Analysis

Gas prices increased throughout Monday’s session with Front-Month showing the most significant gain. A prolonged outage at the Nyhamna processing plant in Norway provided bullish pressure at the front of the curve, combined with weak renewables, while a rise in coal, carbon and oil supported the rest of the curve.


energy price graph - 08-07-2019

Energy Market Analysis –08-07-2019

8th July 2019 | Posted by: Daniel Birkett | Market Analysis

Near-curve gas prices increased on Friday due to a prolonged outage at the Nyhanma processing plant in Norway, with Front-Month increasing by over 10%. Meanwhile, contracts further along the curve followed rising coal & carbon and displayed gains.