Energy Market Analysis – 09-11-2018
9th November 2018 | Posted by: Lawrence Carson | Market Analysis
Gas Power Market Close Market Close A sharp drop in both coal and oil prices yesterday meant slightly softer gas prices. Norwegian supplies saw a drop, this coupled with a rise in both carbon and power prices provided some support for gas. Power prices were mostly focused on the gains in carbon yesterday. Nordic and German markets were mostly unaffected by lower coal, gas and oil prices, wh…
Energy Market Analysis – 08-11-2018
8th November 2018 | Posted by: Daniel Birkett | Market Analysis
Gas prices moved higher yesterday following increases on coal and carbon markets. However, healthy supply and a mild weather outlook in the short term restricted upward movement at the front of the curve. LNG send-outs in particular remain strong, with 5 deliveries expected to dock in Europe this weekend.
Energy Market Analysis – 07-11-2018
7th November 2018 | Posted by: Daniel Birkett | Market Analysis
Gas prices stabilised during Tuesday’s session with no major shifts in fundamentals and commodity markets moving in different directions. Coal and oil markets moved down while carbon displayed a rebound, with healthy wind levels and mild weather helping to weigh on the prompt.
Energy Market Analysis – 06-11-2018
6th November 2018 | Posted by: Daniel Birkett | Market Analysis
A mild weather outlook helped to weigh on near-curve gas prices on Monday, with a significant downward correction in coal prices pressuring down the far-curve. Oil prices moved slightly higher as sanctions on Iran came into effect but this failed to provide much resistance.
Energy Market Analysis – 05-11-2018
5th November 2018 | Posted by: Daniel Birkett | Market Analysis
Gas prices moved higher on Friday despite a milder weather outlook for this week as well as strong LNG send-outs across Europe. Rather than take direction from comfortable fundamentals, gas prices were instead dictated by a stronger coal market and profit taking by traders.