Energy Market Analysis - 13-03-2013
13th March 2013 | Posted by: Daniel Birkett | Market Analysis
The gas market saw the key NBP DA contract trade 7.00ppt higher yesterday; closing at 95.50ppt - a 13-month high. The market was waiting for news of milder weather, which would give storage players the opportunity to inject.
Energy Market Analysis - 12-03-2013
12th March 2013 | Posted by: Daniel Birkett | Market Analysis
Yesterday's demand was greater than expected - which helped to push European spot and near curve prices a little higher. Colder weather should continue to support gas demand across Europe today, and higher storage withdrawals are likely to be needed to balance the gas system.
Energy Market Analysis - 11-03-2013
11th March 2013 | Posted by: Daniel Birkett | Market Analysis
Expected colder weather on Friday helped to support NBP gas Day-Ahead prices, while near curve prices dropped a little after an increase in storage injections eased worries about low reserves.
Energy Market Analysis - 08-03-2013
8th March 2013 | Posted by: Daniel Birkett | Market Analysis
UK NTS gas demand was supported by higher storage injections yesterday, which helped the increase of NBP spot and near curve prices this morning.
Energy Market Analysis - 07-03-2013
7th March 2013 | Posted by: Daniel Birkett | Market Analysis
Day-Ahead gas prices closed lower last night, while near curve prices remained strong amidst concern surrounding storage levels. April-13 prices also rose, closing up at 68.590ppt.