energy price graph - 31-07-2017

Energy Market Analysis - 31-07-2017

31st July 2017 | Posted by: Daniel Birkett | Market Analysis

Gas prices displayed mixed changes on Friday with a weaker outlook for Norwegian supply into the UK helping near-curve contracts climb higher; further support was also provided by a weakening Pound. Prices initially opened lower but a change in fundamentals helped most contracts erase the morning’s losses as coal and oil continued to strengthen.


energy price graph - 28-07-2017

Energy Market Analysis - 28-07-2017

28th July 2017 | Posted by: Daniel Birkett | Market Analysis

Improved supply levels from Norway, combined with weaker demand helped to weigh on gas contracts on the near-curve yesterday. A rise in wind levels contributed to lower demand as gas-fired generation dropped. However, rising oil prices continued to support far-curve contracts.


energy price graph - 27-07-2017

Energy Market Analysis - 27-07-2017

27th July 2017 | Posted by: Daniel Birkett | Market Analysis

Stronger oil prices supported the gas curve yesterday, with restricted Norwegian flows also contributing to gains on the near-curve. The outage at Kollsnes was extended until the 1st of October and imports to the UK will be limited via the Langeled pipeline. The system was short throughout the session on the back of this drop in supply, with weaker LNG send outs also playing a part.


energy price graph - 26-07-2017

Energy Market Analysis - 26-07-2017

26th July 2017 | Posted by: Daniel Birkett | Market Analysis

Rising oil prices and a stronger European market helped to support gas contracts across the curve on Tuesday. Coal prices also increased, while the outage at Kollsnes restricted gas flows into the UK.


energy price graph - 25-07-2017

Energy Market Analysis - 25-07-2017

25th July 2017 | Posted by: Daniel Birkett | Market Analysis

Gas prices moved down yesterday with bearish pressure coming from the EU’s decision to grant Gazprom access to additional capacity on the OPAL pipeline. Coal prices also corrected down but the losses were limited by stronger Brent and a short system, as Norwegian flows remained low.