energy price graph - 23-01-2018

Energy Market Analysis - 23-01-2018

23rd January 2018 | Posted by: Daniel Birkett | Market Analysis

Comfortable wind generation reduced CCGT demand yesterday, while milder weather resulted in a drop in residential demand, offsetting the effects of a short system and helping near-curve gas prices move down. Unplanned outages restricted some of the losses, while bullish oil provided upward pressure on the far-curve.


energy price graph - 22-01-2018

Energy Market Analysis – 22-01-2018

22nd January 2018 | Posted by: Daniel Birkett | Market Analysis

Movement on the gas curve was largely bearish on Wednesday as above average temperatures were forecast for the rest of the month which will lead to a drop in residential demand. Supply levels were constrained by an outage in Norway resulting in a short system, restricting some of the losses, while weaker Brent weighed on the far-curve.


energy price graph - 19-01-2018

Energy Market Analysis - 19-01-2018

19th January 2018 | Posted by: Daniel Birkett | Market Analysis

An outage in Norway and a drop in flows via the BBL pipeline tightened the UK system yesterday and limited any downward movement at the front of the curve. Bearish pressure was provided by the expected drop in LDZ demand next week and far-curve prices stabilised with little support provided by fuel markets.


energy price graph - 18-01-2018

Energy Market Analysis - 18-01-2018

18th January 2018 | Posted by: Daniel Birkett | Market Analysis

Bearish movement could be observed across the gas curve on Wednesday, with comfortable supply levels and a milder weather outlook weighing on prices at the front of the curve. Meanwhile, the Pound strengthened against the Euro, helping towards downward movement at the back of the curve.


energy price graph - 17-01-2018

Energy Market Analysis - 17-01-2018

17th January 2018 | Posted by: Daniel Birkett | Market Analysis

Temperatures were revised higher for the rest of January which resulted in losses at the front of the gas curve yesterday. Supply levels were comfortable and the system remained long despite above average demand levels, with strong wind reducing CCGT demand. Further out, contracts tracked the downward movement displayed on the oil market.