Energy Market Analysis – 16-06-2020
16th June 2020 | Posted by: Daniel Birkett | Market Analysis
Gas prices displayed mixed changes during Monday’s session with the broader energy complex moving in different directions. Wind levels were forecast to remain low today, increasing reliance on gas-fired power and supporting the prompt.
Energy Market Analysis – 15-06-2020
15th June 2020 | Posted by: Daniel Birkett | Market Analysis
Gas prices moved higher on Friday, with the near curve and summer contracts finding support from a stronger demand outlook due to a drop in wind power. Oil and coal also increased, lifting prices towards the back of the curve.
Energy Market Analysis – 12-06-2020
12th June 2020 | Posted by: Daniel Birkett | Market Analysis
Gas prices climbed higher at the front of the curve yesterday, summer contracts strengthened in particular, while longer dated contracts displayed minor losses. A drop in oil and equities pressured down the far-curve, with concerns regarding a second wave of the Coronavirus in the US weighing on markets.
Energy Market Analysis – 11-06-2020
11th June 2020 | Posted by: Daniel Birkett | Market Analysis
Gas prices displayed mixed changes yesterday, with prompt and summer contracts moving down and longer dated contracts recording small gains. The oil market was torn between OPEC production cuts and a rise in US storage levels.
Energy Market Analysis – 10-06-2020
10th June 2020 | Posted by: Daniel Birkett | Market Analysis
Gas markets moved down during Tuesday’s session, ignoring increases on oil markets and a slight gain in carbon. High storage levels helped to weigh on the curve, despite higher demand compared to last week.