energy price graph - 09-12-2016

Energy Market Analysis - 09-12-2016

9th December 2016 | Posted by: Daniel Birkett | Market Analysis

Gas prices initially opened lower yesterday due to a low demand forecast for next week but a rise in coal and oil prices erased the morning’s losses later in the session. Concerns regarding the proposed restart of the Rough storage facility also provided support to some contracts on the near-curve as nominations for withdrawal remained at zero.


energy price graph - 08-12-2016

Energy Market Analysis - 08-12-2016

8th December 2016 | Posted by: Daniel Birkett | Market Analysis

Reduced flows via the IUK pipeline limited losses at the front of the curve yesterday but the sentiment remained bearish as mild weather was expected to continue today. Further out, the majority of contracts moved down, with direction coming from weakening coal and oil markets. However, the Euro rebounded against the Pound slightly which offered support to some contracts.


energy price graph - 07-12-2016

Energy Market Analysis - 07-12-2016

7th December 2016 | Posted by: Daniel Birkett | Market Analysis

The front of the gas curve moved down yesterday with losses on the power market a contributing factor. Improved power generation and a rise in temperatures was also expected to reduce gas demand today, further weighing on the prompt.


energy price graph - 06-12-2016

Energy Market Analysis - 06-12-2016

6th December 2016 | Posted by: Daniel Birkett | Market Analysis

A milder weather forecast for today and an improved power supply outlook helped to pressure down gas contracts yesterday. Outages in Norway continued to restrict exports to Europe but this failed to provide much support to the curve. Further out, contracts were pressured down by weaker power and coal, while oil was stable.


energy price graph - 05-12-2016

Energy Market Analysis - 05-12-2016

5th December 2016 | Posted by: Daniel Birkett | Market Analysis

A milder weather forecast for this week helped to pressure down near curve gas contracts on Friday as demand levels are set to fall. Withdrawals are also set to restart at the Rough storage facility on Friday, with a drop in coal and power prices also helping towards the losses.