Energy Market Analysis - 23-01-2013
23rd January 2013 | Posted by: Daniel Birkett | Market Analysis
With no real change on the fundamental gas picture yesterday, technical rebound pushed the European spot and near curve prices higher. Today should see fundamentals staying more or less the same
Energy Market Analysis - 22-01-2013
22nd January 2013 | Posted by: Daniel Birkett | Market Analysis
Despite yesterday's strong demand and fall in Norway Langeled flows, the UK systems remained comfortable due to higher LNG flows and storage withdrawals.
Energy Market Analysis - 21-01-2013
21st January 2013 | Posted by: Daniel Birkett | Market Analysis
Friday saw a strong increase in gas supply - which led to a considerably long UK system. On top of this, National Grid had to scale back all interruptible entry capacity at the Bacton terminal.
Energy Market Analysis - 18-01-2013
18th January 2013 | Posted by: Daniel Birkett | Market Analysis
Yesterday's high demand for gas, coupled with a fall in domestic production led to a tightening in the UK gas balance. As a result, high imports from the Netherlands and Belgium were required to balance the system.
Energy Market Analysis - 17-01-2013
17th January 2013 | Posted by: Daniel Birkett | Market Analysis
While the demand for gas continued to increase yesterday, the drop in domestic production in the UK combined with a drop in Norwegian flows led to a tightened UK gas system. This resulted in high storage withdrawals to balance the system. Cold weather is expected to support European gas demand and prices today.