Energy Market Analysis – 16-09-2019
16th September 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices decreased on Friday, with the exception of the Day-Ahead contract and some near-curve prices which found direction from weak renewable power availability. Bearish oil weighed on the far-curve, with a rise in coal having little impact, while carbon was stable.
Energy Market Analysis – 13-09-2019
13th September 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices displayed mixed movement on Thursday with the front of the curve displaying gains, while contracts further out moved lower. An expected drop in renewable levels today and over the weekend offered support to the prompt, while weaker oil weighed on the far-curve.
Energy Market Analysis – 12-09-2019
12th September 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices were extremely volatile yesterday and shifted direction numerous times throughout the session. Gas flows into the UK were stable and strong wind levels reduced the need for gas-fired power. 6 LNG cargoes are also expected to dock in the UK before the end of the month, weighing on the near-curve.
Energy Market Analysis – 11-09-2019
11th September 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices sky rocketed yesterday due to concerns regarding French nuclear availability which could result in very high gas demand over the winter months. On top of this, further production cuts are expected at the Groningen field in the Netherlands which will also impact European gas availability. There is also a possibility that Russian flows into Europe could be cut in the near future as Gazprom has lost its 3rd party exemption.
Energy Market Analysis – 10-09-2019
10th September 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices displayed mixed changes yesterday with a short system offering support to the near-curve at the start of the session, before balancing out in the afternoon and contributing to some losses. Further out, prices were pushed higher by stronger coal and oil.