Energy Market Analysis - 02-11-2016
2nd November 2016 | Posted by: Daniel Birkett | Market Analysis
An expected drop in temperatures over the next fortnight helped to push prompt gas contracts higher yesterday, with further support coming from a delayed restart in withdrawals from the Rough storage facility. LNG supply was tight with only two deliveries scheduled to dock in the UK this month, while Norwegian imports remained low. Contracts further along the curve also found support from a sharp rise in APi2 coal.
Energy Market Analysis - 01-11-2016
1st November 2016 | Posted by: Daniel Birkett | Market Analysis
Sentiment on the gas curve was bullish on Monday with an expected drop in temperatures, increased gas-fired generation and limited Norwegian flows combining to push contracts higher. Brent also strengthened in the afternoon and contributed to upward movement further along the curve, with rising coal prices also a factor.