Energy Market Analysis - 10-08-2017
10th August 2017 | Posted by: Daniel Birkett | Market Analysis
Gas prices were bullish yesterday on the back of supply restrictions and a rise in Brent and coal. Output at the UK’s Cygnus gas field was restricted, while the outage at Heimdal was extended, resulting in a short UK gas system.
Energy Market Analysis - 09-08-2017
9th August 2017 | Posted by: Daniel Birkett | Market Analysis
Movement on the gas curve was largely bearish on Tuesday, with near-curve contracts taking direction from the prospect of higher Norwegian supply. Norwegian imports are expected to rise tomorrow as the unplanned outage at the Asgard field should be resolved today. Further along the curve, prices were pressured down by a drop in coal and oil.
Energy Market Analysis - 08-08-2017
8th August 2017 | Posted by: Daniel Birkett | Market Analysis
Gas contracts added to their price on Monday as the system remained undersupplied due to constraints on Norwegian imports, with maintenance work at the Heimdal platform the main factor behind reduced flows. The gains were less prominent further along the curve as oil prices stabilised.
Energy Market Analysis - 07-08-2017
7th August 2017 | Posted by: Daniel Birkett | Market Analysis
Gas prices climbed higher on Friday as the UK gas system was undersupplied throughout the session. Outages at Kollsnes and Kristin were resolved but maintenance on the Vesterled pipeline restricted Norwegian flows. Further out, rising coal and oil provided additional support to contracts.
Energy Market Analysis - 04-08-2017
4th August 2017 | Posted by: Daniel Birkett | Market Analysis
Tighter supply levels in the UK resulted in higher spot contracts on Thursday, with rising coal supporting prices further out. Maintenance at the Vesterled and Forties pipelines impacted Norwegian & UKCS supply, however, the outage at Kollsnes was resolved.