Energy Market Analysis –23-05-2019
23rd May 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices displayed a rebound during Wednesday’s session as the UK gas system fell short due to a drop in Norwegian supply. However, prices further along the curve were more resilient thanks to weaker coal and oil contracts.
Energy Market Analysis –22-05-2019
22nd May 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices traded down on Tuesday thanks to an oversupplied system, as Norwegian flows ramped up. Far-curve prices ignored a rise in coal and oil as a healthy outlook in terms of fundamentals dictated the gas market.
Energy Market Analysis –21-05-2019
21st May 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices continued along a similar trend yesterday with the near-curve displaying losses and contracts further out climbing higher. Healthy LNG send-outs and a warmer weather outlook weighed on the front of the curve, while bullish oil offered support to longer-dated contracts.
Energy Market Analysis –20-05-2019
20th May 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices decreased on Friday with summer contracts in particular showing healthy losses. A warmer weather forecast will weigh on demand levels which helped contracts on the near-curve to decrease, while rising Brent limited downward movement further along the curve.
Energy Market Analysis - 17-05-2019
17th May 2019 | Posted by: Lawrence Carson | Market Analysis
Gas prices were looking firm at the start of yesterday’s session. However, any gains made were reversed by weakening coal and carbon markets as the day drew to a close.