Energy Market Analysis – 02-10-2020
2nd October 2020 | Posted by: Daniel Birkett | Market Analysis
Gas prices followed the overall energy complex and displayed losses on Thursday, with oil, coal and carbon all trading lower. Healthy supply from Norway also resulted in an oversupplied system, with a strong rise in wind generation expected today, reducing demand for gas-fired power.
Energy Market Analysis – 01-10-2020
1st October 2020 | Posted by: Daniel Birkett | Market Analysis
Gas prices displayed heavy losses yesterday before the start of Q1-21, as traders reset their positions, with winter heating expected to ramp up in the coming months. Contracts decreased across the curve, ignoring a rise in oil, coal and carbon.