Energy Market Analysis – 10-10-2018
10th October 2018 | Posted by: Daniel Birkett | Market Analysis
A warm weather outlook across Europe weighed on near-curve gas prices yesterday, with some parts of the continent expected to see temperatures 7°C above the seasonal norm. A rise in LNG send-outs is also expected, while coal and carbon markets moved down, resulting in losses at the back of the curve.
Energy Market Analysis – 09-10-2018
9th October 2018 | Posted by: Daniel Birkett | Market Analysis
Gas prices closed at a discount on Monday, with the prompt showing the strongest loss thanks to a mild weather forecast and comfortable wind generation which will reduce demand today. The system was also oversupplied and coal & oil markets moved down, adding to the bearish sentiment.
Energy Market Analysis – 08-10-2018
8th October 2018 | Posted by: Daniel Birkett | Market Analysis
Near-curve gas prices moved higher towards the end of Friday’s session with support provided by stronger carbon contracts. Upward movement on the prompt was capped by a milder weather outlook for this week and an expected rise in LNG send-outs, while weaker oil limited gains at the back of the curve.
Energy Market Analysis – 05-10-2018
5th October 2018 | Posted by: Daniel Birkett | Market Analysis
Gas prices increased yesterday with support provided by a rise in Brent crude, with the larger gains displayed at the back of the curve. Supply levels were practically unchanged from the previous session and the system was close to balance.
Energy Market Analysis – 04-10-2018
4th October 2018 | Posted by: Daniel Birkett | Market Analysis
Gas prices displayed little movement by the end of yesterday’s session after a mixed morning. Front-Month and Front-Quarter displayed small losses, while contracts further along the curve posted minor gains. Contracts continued to take direction from the overall European energy complex.