Energy Market Analysis - 07-03-2013
7th March 2013 | Posted by: Daniel Birkett | Market Analysis
Day-Ahead gas prices closed lower last night, while near curve prices remained strong amidst concern surrounding storage levels. April-13 prices also rose, closing up at 68.590ppt.
Energy Market Analysis - 06-03-2013
6th March 2013 | Posted by: Daniel Birkett | Market Analysis
Norwegian exports to the UK rose and stronger imports from the continent combined to push the UK NTS gas system long at the start of yesterday's demand.
Energy Market Analysis - 05-03-2013
5th March 2013 | Posted by: Daniel Birkett | Market Analysis
Production at the Nyhamna processing plant was down yesterday after a failure in the Norwegian national power grid - which led to overall Norweigan output falling by a considerable 64 mm cm compared to Friday's level.
Energy Market Analysis - 04-03-2013
4th March 2013 | Posted by: Daniel Birkett | Market Analysis
Despite lower gas demand on Friday, the UK system still relied on strong storage withdrawals to balance out - which led to higher spot prices and lower prices on the near curve.
Energy Market Analysis - 01-03-2013
1st March 2013 | Posted by: Daniel Birkett | Market Analysis
Yesterday's comfortable balance and lower storage withdrawals could have pressured prices quite a bit yesterday... but this didn't happen, as NBP spot and near curve gas prices remained strong.