Energy Price Graph - 20-12-2016

Energy Market Analysis - 20-12-2016

20th December 2016 | Posted by: Daniel Birkett | Market Analysis

After a relatively quiet day of trading, gas prices ended on a bullish note, with a combination of a weaker pound against the euro and news of a new outage which will cut Rough withdrawals until 1st January helping to curb early losses.


Energy Price Graph - 19-12-2016

Energy Market Analysis - 19-12-2016

19th December 2016 | Posted by: Daniel Birkett | Market Analysis

Gas prices ended the week on a bullish note, supported by an intraday unplanned outage at Rough storage facility on Friday, colder weather forecasts for the week ahead and strong coal and oil prices.


energy price graph - 16-12-2016

Energy Market Analysis - 16-12-2016

16th December 2016 | Posted by: Daniel Birkett | Market Analysis

A stronger US Dollar, following the decision at the latest Federal Interest Rate meeting offered some support to the gas curve yesterday but the overall trend was bearish throughout the session. The main market driver was mild weather which has resulted in weak demand levels, keeping storage withdrawals to a minimum.


energy price graph - 15-12-2016

Energy Market Analysis - 15-12-2016

15th December 2016 | Posted by: Daniel Birkett | Market Analysis

The UK gas system was long throughout yesterday’s session as residential demand remained below the seasonal average due to mild weather. The outage at the Bergermeer storage site was also expected to be resolved this morning and movement at the front of the curve was largely bearish. Contracts further out were more stable due to an expected drop in temperatures next week, while LNG supply remains weak.


nuclear power plant and pylon

Market Update - Capacity Market Auction Results

15th December 2016 | Posted by: Daniel Birkett | Market Analysis

The provisional results of the latest Capacity Market Auction were released last week, with the final results set to be announced in the New Year.