Energy Market Analysis – 21-05-2020
21st May 2020 | Posted by: Daniel Birkett | Market Analysis
Gas was bearish during Tuesday’s trading, ignoring increases on oil, coal, power and carbon markets. Warm weather and improved flows from Norway sent the system long, resulting in losses across the near curve.
Energy Market Analysis – 20-05-2020
20th May 2020 | Posted by: Daniel Birkett | Market Analysis
Gas prices opened at a premium yesterday but corrected downwards throughout the session. A drop in oil helped to apply bearish pressure, while gas-fired power demand was also expected to increase today.
Energy Market Analysis – 19-05-2020
19th May 2020 | Posted by: Daniel Birkett | Market Analysis
Gas prices increased across the curve yesterday, pushed higher by a rise in coal and oil which supported the overall energy complex. However, the afternoon saw a few minor price reversals as short-term fundamentals were bearish.
Energy Market Analysis – 18-05-2020
18th May 2020 | Posted by: Lawrence Carson | Market Analysis
Despite some evidence of a rebound, last weeks early losses proved too great to recover from for gas. Front month gas contracts were sold on the week losing 0.94p/therm.
Energy Market Analysis – 15-05-2020
15th May 2020 | Posted by: Daniel Birkett | Market Analysis
Gas prices increased yesterday, finding support from a rise in oil which in turn, lifted coal, power and carbon. Overall flows were comfortable which helped to balance the system and keep a lid on near curve prices.