Energy Market Analysis – 21-08-2020
21st August 2020 | Posted by: Daniel Birkett | Market Analysis
Gas prices stabilised across the curve on Thursday as trading on commodity markets was flat. The Day-Ahead contract was one of the few contracts to show a significant change, moving sharply down due to a surge in wind generation.
Energy Market Analysis – 20-08-2020
20th August 2020 | Posted by: Daniel Birkett | Market Analysis
Gas prices strengthened during Wednesday’s session, with Front-Month in particular showing strong gains in the morning. Contracts eased down in the afternoon but the majority of the curve closed at a premium.
Energy Market Analysis – 19-08-2020
19th August 2020 | Posted by: Daniel Birkett | Market Analysis
Gas prices displayed modest gains yesterday and reverted back to the new highs seen on Friday. Maintenance work in Norway is expected to reduce flows into Europe which offered support to the prompt. Meanwhile, prices at the Henry Hub pipeline in the US continued to rise, lifting global markets.
Energy Market Analysis – 18-08-2020
18th August 2020 | Posted by: Daniel Birkett | Market Analysis
Gas prices were very bullish at the start of the session, hitting new highs in recent months but lost ground in the afternoon to end the session around Friday’s close. Prices were initially pushed higher by commodity markets, while short term fundamentals were generally stable.
Energy Market Analysis – 17-08-2020
17th August 2020 | Posted by: Daniel Birkett | Market Analysis
Gas prices rallied higher towards the end of Friday’s session and displayed strong gains by its close. European markets corrected upwards from record lows, with a competitive LNG markets also providing additional support.