Energy Market Analysis –10-07-2019
10th July 2019 | Posted by: Daniel Birkett | Market Analysis
Tuesday saw a generally volatile day of trading with most contracts displaying sharp fluctuations over the course of the session before a late rally. The supply outlook was stable with an outage in Norway impacting flows into the UK, while a weaker Pound offered support further along the curve.
Energy Market Analysis –09-07-2019
9th July 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices increased throughout Monday’s session with Front-Month showing the most significant gain. A prolonged outage at the Nyhamna processing plant in Norway provided bullish pressure at the front of the curve, combined with weak renewables, while a rise in coal, carbon and oil supported the rest of the curve.
Energy Market Analysis –08-07-2019
8th July 2019 | Posted by: Daniel Birkett | Market Analysis
Near-curve gas prices increased on Friday due to a prolonged outage at the Nyhanma processing plant in Norway, with Front-Month increasing by over 10%. Meanwhile, contracts further along the curve followed rising coal & carbon and displayed gains.
Energy Market Analysis –05-07-2019
5th July 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices were provided with mixed sentiment yesterday as oil moved down, while coal strengthened; as a result far-curve prices ended the session with minor gains. Meanwhile, the front of the curve was slightly bearish as supply levels are expected to rise.
Energy Market Analysis –04-07-2019
4th July 2019 | Posted by: Daniel Birkett | Market Analysis
Near-curve gas prices moved higher during yesterday’s session and closed at a premium, with support provided by an undersupplied system. An outage at the Kollsnes processing plant and maintenance at the Troll field reduced flows into the UK, contributing to the undersupply. Meanwhile, far-curve prices followed oil and coal, closing down.