energy price graph - 23-05-2017

Energy Market Analysis - 23-05-2017

23rd May 2017 | Posted by: Daniel Birkett | Market Analysis

Gas prices displayed mixed changes on Monday with contracts on the near-curve recording a loss, while those further out strengthened. Temperatures have been revised higher for the next few days which weighed on prompt prices, while supportive coal and oil markets contributed to gains further out. The UK gas system remained oversupplied but Norwegian flows decreased during the session due to an unplanned outage.


energy price graph - 22-05-2017

Energy Market Analysis - 22-05-2017

22nd May 2017 | Posted by: Daniel Birkett | Market Analysis

Near-curve gas prices moved down on Friday as the supply outlook for this week was much improved. Norwegian flows are set to increase, milder temperatures should reduce demand levels and a number of LNG deliveries are expected to dock in Europe over the next few days. Far-curve contracts were more stable as coal and oil markets continued to provide support.


energy price graph - 19-05-2017

Energy Market Analysis - 19-05-2017

19th May 2017 | Posted by: Daniel Birkett | Market Analysis

Gas prices followed the movement of Brent yesterday and recorded gains in the afternoon. The system remained undersupplied throughout the session despite an increase in Norwegian flows, adding to the bullish pressure. Elsewhere, the release of positive economic data in the UK helped the Pound strengthen against the Euro but this did little to limit the gains.


energy price graph - 18-05-2017

Energy Market Analysis - 18-05-2017

18th May 2017 | Posted by: Daniel Birkett | Market Analysis

Norwegian supply increased yesterday as maintenance at numerous fields was completed, however, the UK gas system still remained tight, restricting any losses at the front of the curve. Oil and coal prices provided on-going support to contracts further along the curve, with a weaker LNG outlook also adding to the bullish sentiment.


energy price graph - 17-05-2017

Energy Market Analysis - 17-05-2017

17th May 2017 | Posted by: Daniel Birkett | Market Analysis

Gas prices recorded small gains yesterday, with stronger oil providing on-going support. Prices were also helped to increase by a rising coal market, with a tight gas system also a factor as Norwegian imports remained low. Overall fundamentals were bullish as the Pound weakened once again and cooler temperatures were forecast for this week.