energy price graph - 14-01-2016

Energy Market Analysis - 14-01-2016

14th January 2016 | Posted by: Daniel Birkett | Market Analysis

Gas prices moved higher yesterday morning due to colder temperatures which led to a significant rise in demand levels. However, prices came down slightly in the afternoon as milder weather is set to return to the UK towards the end of next week. Further along the curve, any upward movement was limited due to the falling oil market.


energy price graph - 13-01-2016

Energy Market Analysis - 13-01-2016

13th January 2016 | Posted by: Daniel Birkett | Market Analysis

Gas prices moved down on Tuesday on the back of a weak oil market, healthy supply and a milder weather forecast for next week which should reduce demand levels. The UK gas system was long due to increased storage withdrawals, with stronger Norwegian imports and LNG send-outs also contributing to the healthy supply picture.


energy price graph - 12-01-2016

Energy Market Analysis - 12-01-2016

12th January 2016 | Posted by: Daniel Birkett | Market Analysis

Temperatures are set to remain cold for the rest of this week which helped to lift prompt contracts on the gas curve due to the expected rise in demand. Higher storage withdrawals and an increase in Norwegian imports resulted in a long system but this failed to offset the gains. Further out, contracts posted losses as they followed the movement of weakening Brent.


energy price graph - 11-01-2016

Energy Market Analysis - 11-01-2016

11th January 2016 | Posted by: Daniel Birkett | Market Analysis

Temperatures are expected to fall well below the seasonal norm towards the end of the week which has provided support this morning. The prompt is one of the exceptions to the morning’s upward movement though as the gas system has opened long. The British Pound has also strengthened against the Euro which restricted the gains on the far-curve.


energy price graph - 08-01-2016

Energy Market Analysis - 08-01-2016

8th January 2016 | Posted by: Daniel Birkett | Market Analysis

Gas prices moved higher yesterday afternoon despite the UK gas system opening around 25mcm long which led to losses at the start of the session. However, prices took direction from the expected drop in temperatures over the weekend and next week. A rebound in oil prices and a stronger Euro also ensured upward movement further along the curve.