Energy Market Analysis - 05-04-2016
5th April 2016 | Posted by: Daniel Birkett | Market Analysis
A mixture of mild temperatures, healthy supply levels and falling oil prices helped to pressure down contracts across the gas-curve on Monday. Gas demand was 7% lower than Friday, although Russian and Norwegian flows were slightly reduced, however, this was not enough to effect the prompt contract.
Energy Market Analysis - 04-04-2016
4th April 2016 | Posted by: Daniel Birkett | Market Analysis
Gas contracts were on the decline on Friday due to a healthy supply/ demand outlook and falling oil prices. Mild temperatures were expected for the start of April, reducing demand levels across Europe, while Russian and Norwegian flows into the continent remained strong. However, some of the losses on the near-curve were restricted by a drop in the Pound against the Euro.
Energy Market Analysis - 01-04-2016
1st April 2016 | Posted by: Daniel Birkett | Market Analysis
Gas contracts moved higher on Thursday as temperatures remained cold, resulting in a tighter gas system, although mild temperatures are expected over the weekend. Near-curve contracts also received support from a weaker Pound and gas-fired power generation is set to rise due to weak renewables.
Energy Market Analysis - 31-03-2016
31st March 2016 | Posted by: Daniel Birkett | Market Analysis
Most gas contracts displayed small gains yesterday as wind generation levels are set to remain low next week and storage withdrawals increased, supporting prices on the near-curve. Overall supply levels are generally unchanged, while oil prices were rather stable and did little to influence the far-curve in either direction.
Energy Market Analysis - 30-03-2016
30th March 2016 | Posted by: Daniel Birkett | Market Analysis
Gas prices continued to display mixed movement yesterday ahead of the start of the new gas year this coming Friday. The short term weather outlook in the UK is set to be rather mild over the next few days, while LNG supply remains healthy and the Pound strengthened; resulting in losses for some near-curve contracts. Meanwhile, a drop in wind levels could result in higher gas-fired power generation which restricted some downward movement.