Energy Market Analysis – 23-04-2019
23rd April 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices decreased on Thursday ahead of the Easter weekend, with a warm weather outlook and improved supply helping towards losses on the near-curve. Commodity markets also weakened which weighed on contracts further out.
Energy Market Analysis – 18-04-2019
18th April 2019 | Posted by: Daniel Birkett | Market Analysis
Increases on coal, carbon, oil and power markets resulted in gains on the gas curve yesterday, with traders indulging in profit taking ahead of the Easter break. Meanwhile, a short system offered additional support to prompt, as a drop in supply outweighed the fall in demand.
Energy Market Analysis – 17-04-2019
17th April 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices displayed losses at the start of Tuesday’s session but recovered slightly in the afternoon, ending the day almost unchanged. Movement on commodity markets was also minimal, while the supply/ demand outlook remained the same.
Energy Market Analysis – 16-04-2019
16th April 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices traded down on Monday as normal temperatures and a rise in wind generation reduced demand, with the upcoming Easter weekend also set to cause an extended drop in industrial demand. Oil and coal prices also decreased, providing additional bearish pressure further along the curve.
Energy Market Analysis – 15-04-2019
15th April 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices moved down by Friday’s close, ending a week that showed no clear trend. Early morning support was provided by a rise in oil, power and carbon prices, while short term fundamentals pointed towards a weaker demand outlook for this week, weighing on the near-curve.