Energy Market Analysis - 25-11-2015
25th November 2015 | Posted by: Daniel Birkett | Market Analysis
Gas prices displayed mixed movement during Tuesday’s session as demand levels decreased on the back of milder temperatures and Norwegian flows improved. However, concerns regarding the situation between Russian and Turkey have caused some market uncertainty. Ukraine also missed a pre-payment for future gas imports from Russia and supply into the country is set to be halted as a result.
Energy Market Analysis - 24-11-2015
24th November 2015 | Posted by: Daniel Birkett | Market Analysis
Gas prices climbed higher yesterday following two unplanned outages in Norway, with further upward pressure coming from strong consumption levels. The outages in Norway are expected to take up to two days to resolve but a milder weather forecast should reduce demand levels, restricting the gains on some contracts.
Energy Market Analysis - 23-11-2015
23rd November 2015 | Posted by: Daniel Birkett | Market Analysis
Gas prices moved down towards the end of Friday’s session after displaying strong gains in the morning. Prices initially moved higher due to a strong demand forecast for the weekend on the back of colder temperatures. However, the system was oversupplied thanks to stable BBL flows and a rise in Norwegian imports, while LNG send-outs also remained healthy.
Energy Market Analysis - 20-11-2015
20th November 2015 | Posted by: Daniel Birkett | Market Analysis
Gas prices displayed strong gains during Thursday’s session as temperatures are set to drop over the weekend, which will lead to a significant rise in demand. Production cuts at Holland’s largest gas facility also returned as a market driver later in the session.
Energy Market Analysis - 19-11-2015
19th November 2015 | Posted by: Daniel Birkett | Market Analysis
Gas prices recorded strong gains in the morning following the announcement of production cuts at the Groningen facility in Holland for start of the 2015-2016 gas year. However, the Dutch Council of State will allow output to continue at 33bcm until then in case of strong demand over the winter period; resulting in significant downward movement across the curve.