Energy Market Analysis – 21-05-2021
21st May 2021 | Posted by: Daniel Birkett | Market Analysis
Gas prices followed falling financial and commodity markets yesterday, in the most bearish trading session of the year. Warmer weather is also set to return to the UK in June, weighing on the near curve.
Energy Market Analysis – 20-05-2021
20th May 2021 | Posted by: Daniel Birkett | Market Analysis
Gas prices followed a drop on carbon and oil markets during Wednesday’s session, with additional weakening caused by a healthier supply/ demand picture for the remainder of May and the start of June.
Energy Market Analysis – 19-05-2021
19th May 2021 | Posted by: Daniel Birkett | Market Analysis
Gas prices decreased yesterday as milder weather is expected to return to the UK and flows from the North Sea picked up following the end of maintenance.
Energy Market Analysis – 18-05-2021
18th May 2021 | Posted by: Daniel Birkett | Market Analysis
The end of maintenance at North Sea facilities offered bearish sentiment to the near gas curve during Monday’ session, with an upward revision in temperatures for the rest of the month and the start of June also a factor.
Energy Market Analysis – 17-05-2021
17th May 2021 | Posted by: Daniel Birkett | Market Analysis
High demand and rising commodities helped gas contracts to close higher on Friday, rounding off a largely bullish week on the UK gas market. Demand for power also offered additional strength to the front of the curve.