Energy Market Analysis – 09-12-2020
9th December 2020 | Posted by: Daniel Birkett | Market Analysis
Movement along the gas curve was subdued on Tuesday with an oversupplied system limiting any gains. Demand was down and supply was very healthy, although an expected rise in CCGT demand today offered support to the prompt.
Energy Market Analysis – 08-12-2020
8th December 2020 | Posted by: Daniel Birkett | Market Analysis
Movement along the gas curve was mixed yesterday as a revision in this week’s weather forecast pointed towards milder temperatures, however, weak renewable levels are expected to tighten to the system.
Energy Market Analysis – 07-12-2020
7th December 2020 | Posted by: Daniel Birkett | Market Analysis
The UK gas system fell short on Friday which helped towards gains on the prompt and the rest of the near curve. Oil markets also continued on their bullish trend following a brief period of stability, helping far curve contracts add to their price.
Energy Market Analysis – 04-12-2020
4th December 2020 | Posted by: Daniel Birkett | Market Analysis
A drop in LNG send-outs was expected to be offset by an increase in wind generation yesterday, limiting gains on the prompt. The rest of the near curve was generally stable, with a cold weather outlook offering resistance.
Energy Market Analysis – 03-12-2020
3rd December 2020 | Posted by: Daniel Birkett | Market Analysis
Near curve gas prices moved higher once again on the back of the tighter demand outlook, although a long system ensured gains were not significant. Further out, contracts found some support from an increase in oil and carbon.