Energy Market Analysis - 20-02-2013
20th February 2013 | Posted by: Daniel Birkett | Market Analysis
A brief outage at the Rough storage facility provided a little support to NBP spot gas prices yesterday, with further support coming from forecasts of higher demand from today onwards.
Energy Market Analysis - 19-02-2013
19th February 2013 | Posted by: Daniel Birkett | Market Analysis
Despite yesterday's higher-than-anticipated levels of demand, a strong supply from both Norway and the continent resulted in a comfortable UK gas system.
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
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
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.