Energy Market Analysis – 12-05-2021
12th May 2021 | Posted by: Daniel Birkett | Market Analysis
A cooler weather forecast and ongoing supply constraints limited losses yesterday, although a slightly oversupplied system contributed to some bearish movement on the near curve.
Energy Market Analysis – 11-05-2021
11th May 2021 | Posted by: Daniel Birkett | Market Analysis
Maintenance is taking place at a number of North Sea facilities, including the Troll gas field which offered support to prices during Monday’s session, as flows to the UK and Europe were hampered. Meanwhile, rising oil and carbon continued to provide bullish pressure further along the curve.
Energy Market Analysis – 10-05-2021
10th May 2021 | Posted by: Daniel Birkett | Market Analysis
Calmer commodity markets and a milder weather outlook for the weekend and the start of this week resulted in downward movement across the gas curve on Friday. Improved renewable power generation was also expected, reducing CCGT demand.
Energy Market Analysis – 07-05-2021
7th May 2021 | Posted by: Daniel Birkett | Market Analysis
An undersupplied system was the result of high demand and reduced flows yesterday which helped towards gains across the near gas curve. Further out, prices also moved higher, following rising coal, carbon and oil markets.
Energy Market Analysis – 06-05-2021
6th May 2021 | Posted by: Daniel Birkett | Market Analysis
A stronger demand forecast for today helped near curve gas contracts trade higher, with colder weather and weaker wind levels expected to result in undersupply. Meanwhile, oil and carbon markets strengthened, lifting the far curve.