Energy Market Analysis - 14-02-2013
14th February 2013 | Posted by: Daniel Birkett | Market Analysis
Yesterday's comfortable UK gas system helped to push Day-Ahead prices a little lower. Despite this, ICE March 2013 prices closed higher at 66.470ppt; which could have been down to the UK Met Office comments regarding colder-than-average temperatures for the first fourteen days of March.
Energy Market Analysis - 13-02-2013
13th February 2013 | Posted by: Daniel Birkett | Market Analysis
A drop in imports from Zeebrugge and higher demand led to a huge shortage in the UK gas system at the start of yesterday's session.
Energy Market Analysis - 12-02-2013
12th February 2013 | Posted by: Daniel Birkett | Market Analysis
Yesterday's increase in Norwegian supply along with the predictions of milder weather after Wednesday pushed European spot gas and near curve prices down a little.
Energy Market Analysis - 11-02-2013
11th February 2013 | Posted by: Daniel Birkett | Market Analysis
Strong gas demand on Friday along with lower pipeline flows meant the UK system remained tight. As a result of this, high storage withdrawals were required to keep things balanced. NBP spot and near curve prices were pushed higher before a late reversal after a sell-off.
Energy Market Analysis - 08-02-2013
8th February 2013 | Posted by: Daniel Birkett | Market Analysis
The UK gas system was tightened yesterday, with higher withdrawals needed as on-going lower domestic production and higher demand took control. This move supported NBP spot and near curve price.