Energy Market Analysis –24-07-2019
24th July 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices fluctuated throughout Tuesday’s session, with losses displayed in the morning, a sharp rally in the afternoon, before another decrease towards the end of the session. The afternoon support was provided by a rise in fuel markets.
Energy Market Analysis –23-07-2019
23rd July 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices strengthened for the majority of Monday’s session with bullish pressure provided by a rise in coal, oil and carbon. However, contracts reversed later in the day and closed around their opening price. Overall fundamentals were little changed and price movements were largely technical.
Energy Market Analysis –22-07-2019
22nd July 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices inched higher on Friday following a rebound on fuel markets, with coal, carbon and oil all showing an increase. The system was close to balance throughout the session but demand levels are expected to fall this week due to improved renewables and warm weather.
Energy Market Analysis –19-07-2019
19th July 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices weakened on Thursday with the larger losses displayed at the front of the curve, while movement on the far-curve was minimal. Fuel markets remained bearish, with oil, power and carbon posting another loss, while coal stabilised.
Energy Market Analysis –18-07-2019
18th July 2019 | Posted by: Daniel Birkett | Market Analysis
Near-curve gas prices recorded further losses during yesterday’s session, while contracts further out displayed a rebound before the end of trading, to close the day almost unchanged. Market sentiment was mixed with commodity markets moving in different directions.