Energy Market Analysis - 02-08-2016
2nd August 2016 | Posted by: Daniel Birkett | Market Analysis
Falling oil prices helped to pressure down contracts on the far-curve yesterday although movement on the prompt was bullish due to a drop in Norwegian supply and the start of scheduled maintenance work at facilities in the UK; however, another drop in exports to Belgium via the IUK pipeline helped to limit some of the gains.
Energy Market Analysis - 01-08-2016
1st August 2016 | Posted by: Daniel Birkett | Market Analysis
Gas contracts decreased on Friday with improved supply levels helping to weigh on the near-curve and weak oil contributing to bearish movement further out. Norwegian imports into the UK increased as a couple of outages were resolved and this resulted in a long UK gas system.