Energy Market Analysis – 07-01-2021
7th January 2021 | Posted by: Daniel Birkett | Market Analysis
The outlook for gas was little changed on Tuesday, with cold temperatures expected to continue over the coming weeks and an on-going recovery on the oil market, which both contributed to gains across the curve.
Energy Market Analysis – 06-01-2021
6th January 2021 | Posted by: Daniel Birkett | Market Analysis
News of a national lockdown was the main market driver yesterday, pushing prices higher due to an expected drop in demand for fuel this month. Cold temperatures also lifted LDZ demand, while weaker wind generation is expected to increase reliance on gas-fired power.
Energy Market Analysis – 05-01-2021
5th January 2021 | Posted by: Daniel Birkett | Market Analysis
Gas prices climbed higher during yesterday’s session on the back of reduced LNG send-outs and a cold weather forecast for January. A rise in oil and carbon also contributed to gains on longer dated contracts.
Energy Market Analysis – 04-01-2021
4th January 2021 | Posted by: Daniel Birkett | Market Analysis
Gas prices eased down slightly before the Christmas period but overall sentiment remained bullish due to expectations of higher demand and tighter supply for Q1-21.