Energy Market Analysis – 02-11-2018
2nd November 2018 | Posted by: Daniel Birkett | Market Analysis
Coal and oil recorded strong losses yesterday which heavily weighed on the gas curve. A potential oil glut led to a significant decrease in the price of Brent crude, while further bearish pressure was provided by weaker carbon and power contracts. A short system had little bearing on the curve as the overall supply picture is healthy.
Energy Market Analysis – 01-11-2018
1st November 2018 | Posted by: Daniel Birkett | Market Analysis
Most gas contracts shed from their price yesterday afternoon as Brent corrected down and coal stabilised. The system was long throughout the session as a rise in temperatures reduced heating demand and overall flows were comfortable.