Energy Market Analysis – 09-09-2019
9th September 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices closed at a premium on Thursday, taking direction from rising coal and oil markets. Fundamentals were little changed with Norwegian maintenance continuing to restrict flows into the UK, although healthy LNG send-outs helped to balance the system.
Energy Market Analysis - 06-09-2019
6th September 2019 | Posted by: Natalie Ormrod | Market Analysis
Gas prices closed higher on Thursday, making marginal gains in line with the broader energy complex which saw both coal and oil close higher day-on-day. Colder weather and a drop in Norwegian flows were supporting spot prices, although gains remained limited due to continuous LNG deliveries and strong wind power generation.
Energy Market Analysis – 05-09-2019
5th September 2019 | Posted by: Lawrence Carson | Market Analysis
Gas prices remained soft yesterday, despite a large rebound in oil prices and minor gains in power. Further out, contracts shown some resilience thanks to steady coal and EUA prices.
Energy Market Analysis – 04-09-2019
4th September 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices weakened yesterday morning but any losses were limited by Norwegian maintenance and an unplanned outage. Supply into the UK was limited as a result but a healthier LNG outlook provided bearish pressure. Meanwhile, commodity markets moved down which helped to weigh on the far curve.
Energy Market Analysis – 03-09-2019
3rd September 2019 | Posted by: Daniel Birkett | Market Analysis
Gas prices eased down yesterday thanks to an oversupplied gas system despite on-going maintenance in Norway. A number of LNG deliveries are also expected to dock in Europe, while coal, oil and carbon markets weakened; resulting in strong bearish sentiment.