Energy Market Analysis - 18-02-2013

Energy Market Analysis - 18-02-2013

18th February 2013 | Posted by: Daniel Birkett | Market Analysis

Prompt gas contracts opened lower this morning, as Linepack started the day 50mcm long. Combined Norwegian imports from Langeled and St Fergus rose to over 93mcm.


Energy Market Analysis - 15-02-2013

Energy Market Analysis - 15-02-2013

15th February 2013 | Posted by: Daniel Birkett | Market Analysis

Despite yesterday's lower demand, the drop in imports from the Continent and Norway allowed for a tighter UK gas system; this led to a rise in NBP spot prices.


Energy Market Analysis - 14-02-2013

Energy Market Analysis - 14-02-2013

14th February 2013 | Posted by: Daniel Birkett | Market Analysis

Yesterday's comfortable UK gas system helped to push Day-Ahead prices a little lower. Despite this, ICE March 2013 prices closed higher at 66.470ppt; which could have been down to the UK Met Office comments regarding colder-than-average temperatures for the first fourteen days of March.


Energy Market Analysis - 13-02-2013

Energy Market Analysis - 13-02-2013

13th February 2013 | Posted by: Daniel Birkett | Market Analysis

A drop in imports from Zeebrugge and higher demand led to a huge shortage in the UK gas system at the start of yesterday's session.


Energy Market Analysis - 12-02-2013

Energy Market Analysis - 12-02-2013

12th February 2013 | Posted by: Daniel Birkett | Market Analysis

Yesterday's increase in Norwegian supply along with the predictions of milder weather after Wednesday pushed European spot gas and near curve prices down a little.