Energy Market Analysis – 22-11-2019
22nd November 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices were mostly stable throughout Thursday’s session and any changes in either direction were minimal. A short system had little impact on the near-curve as the short term supply/ demand outlook is healthy.
Energy Market Analysis – 21-11-2019
21st November 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices increased yesterday due to a tighter system and an upward turn in commodity markets. Norwegian flows were below last week’s levels and reduced wind generation resulted in a higher reliance on gas-fired power, sending the system short.
Energy Market Analysis – 20-11-2019
20th November 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices opened at a discount but the bearish movement was halted by an undersupplied system. Coal also rebounded, offering some support to the far-curve, while carbon was stable and oil remained bearish.
Energy Market Analysis – 19-11-2019
19th November 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices eased down during Monday’s session, following the broader energy complex; oil and coal markets both weakened, dictated by global demand. A short system failed to have much impact on the near-curve, with temperatures expected to turn milder later in the week, reducing heating demand.
Energy Market Analysis – 18-11-2019
18th November 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices inched higher on Friday, with a rise in demand contributing to gains at the front of the curve, while an increase in coal and oil offered support to contracts further out.