Energy Market Analysis – 06-05-2020
6th May 2020 | Posted by: Daniel Birkett | Market Analysis
Gas prices stabilised yesterday afternoon, with only minor changes in either direction. Rising Brent continued to provide support further along the curve, while a weaker renewable power outlook for today lifted the prompt.
Energy Market Analysis – 05-05-2020
5th May 2020 | Posted by: Daniel Birkett | Market Analysis
Gas prices increased on Monday, with support provided by a rise in demand which resulted in an undersupplied system. The Pound also weakened against the Euro which provided additional bullish pressure to the prompt.
Energy Market Analysis - 04-05-2020
4th May 2020 | Posted by: Rebecca Haughton | Market Analysis
European gas prices ended the week on another bearish note on Friday, pressured by lingering weakness in supply/demand fundamentals. Gas demand remained below seasonal norms overall due to lockdown measures but some signs of a progressive restart in economic activity are emerging.
Energy Market Analysis – 01-05-2020
1st May 2020 | Posted by: Daniel Birkett | Market Analysis
Gas prices moved lower ahead of May-20’s expiry, although oil prices continued to offer support and limited any losses. Coal also moved higher, while power and carbon traded down.