Energy Market Analysis – 12-04-2019
12th April 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices decreased on Thursday with direction coming from a fall in coal and oil markets. The system was slightly oversupplied but downward pressure at the front of the curve was provided by a milder and windier weather outlook.
Energy Market Analysis – 11-04-2019
11th April 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices moved down yesterday as warmer and windier weather is expected which will reduce demand. Maintenance at the Interconnector will also limit exports, resulting in excess supply in the UK, while looking further ahead, the upcoming Easter weekend will see a drop in industrial demand.
Energy Market Analysis – 10-04-2019
10th April 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices increased during Tuesday’s session due to a tightening of supply and an increase in trading. Supply issues in Norway have impacted European systems, while temperatures are expected to dip slightly later in the week, which supported the prompt.
Energy Market Analysis – 09-04-2019
9th April 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices fluctuated throughout Monday’s session, initially opening the session at a discount, before increasing to their highest level this year so far and then decreasing again. Prices were dictated by commodity markets in one of the most volatile trading days in a number of months.
Energy Market Analysis – 08-04-2019
8th April 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices increased on Friday thanks to more buying interest from traders, in addition to a drop in supply from Norway which tightened European systems. Despite the bullish sentiment, the short term outlook is healthy with a rise in LNG send-outs and a warmer weather forecast.