Energy Market Analysis – 10-03-2021
10th March 2021 | Posted by: Daniel Birkett | Market Analysis
A balanced UK gas system and strong LNG outlook resulted in losses across the near curve, with renewable power generation also expected to increase today. Further out, contracts were pressured down by a retracement in oil prices.
Energy Market Analysis – 09-03-2021
9th March 2021 | Posted by: Daniel Birkett | Market Analysis
A bullish oil market was the main market driver during Monday’s session, with energy markets increasing in unison, from coal to power. The colder weather forecast offered some support but this was offset by strong supply levels.
Energy Market Analysis – 08-03-2021
8th March 2021 | Posted by: Daniel Birkett | Market Analysis
The colder weather forecast helped near curve gas prices climb higher on Friday, with low renewable power generation also contributing to a stronger demand outlook. Further out, prices strengthened on the back of recovering oil markets.
Energy Market Analysis – 05-03-2021
5th March 2021 | Posted by: Daniel Birkett | Market Analysis
The healthy LNG schedule helped to limit gains on the gas curve yesterday but overall sentiment was slightly bullish as the UK prepares for a period of colder weather and high demand.
Energy Market Analysis – 04-03-2021
4th March 2021 | Posted by: Daniel Birkett | Market Analysis
Gas prices traded down yesterday as the schedule for LNG cargoes arriving in the UK is a busy one. A short system had little impact on prices but temperatures were forecast to turn even colder as we head into the weekend.