Energy Market Analysis - 08-06-2018
8th June 2018 | Posted by: Daniel Birkett | Market Analysis
Production cuts at the Groningen gas facility are expected to come into effect sooner than expected, providing support to European markets yesterday. On-going outages also limited flows to the UK resulting in an undersupplied system, offering further support to prompt prices. Meanwhile, rising oil and coal markets helped far-curve prices climb higher.
Energy Market Analysis - 07-06-2018
7th June 2018 | Posted by: Daniel Birkett | Market Analysis
Gas prices displayed further losses on Wednesday despite on-going outages which restricted flows to the UK. A weak demand forecast was the main factor behind decreases at the front of the curve, while the far-curve was pressured down by bearish coal and carbon markets.
Energy Market Analysis - 06-06-2018
6th June 2018 | Posted by: Daniel Birkett | Market Analysis
Gas prices moved higher on Tuesday morning but the trend reversed in the afternoon as coal, carbon and oil markets turned bearish, while the Pound strengthened against the Euro. The short-term demand forecast is also low due to warm temperatures, weighing on prices at the front of the curve.
Energy Market Analysis - 05-06-2018
5th June 2018 | Posted by: Daniel Birkett | Market Analysis
Outages continued to restrict supply levels in the UK yesterday, resulting in upward movement across the near-curve. A surge in coal and EUA carbon prices also helped contracts at the back of the curve move higher, although weaker Brent offered some resistance.
Energy Market Analysis - 04-06-2018
4th June 2018 | Posted by: Daniel Birkett | Market Analysis
Gas prices moved down across the curve on Friday, with a weak demand outlook contributing to losses on the prompt and the rest of the near-curve. A number of LNG deliveries are also expected to dock in Europe in the coming weeks, adding to the bearish sentiment. Meanwhile, the far-curve was pressured down by falling coal, carbon and oil markets.