energy price graph - 02-01-2018

Energy Market Analysis - 02-01-2018

2nd January 2018 | Posted by: Daniel Birkett | Market Analysis

Day-Ahead gas opened unchanged at the start of yesterday’s session but quickly lost value thanks to a long system. Improved UKCS production helped towards the oversupply, with flows via the IUK pipeline also strong. High LDZ demand limited losses on the near-curve, while a rise in coal prices continued to lift some contracts further out.

energy price graph - 20-12-2017

Energy Market Analysis - 20-12-2017

20th December 2017 | Posted by: Daniel Birkett | Market Analysis

Near-curve gas prices displayed losses yesterday as temperatures are expected to rise above the seasonal norm over the next few days and wind levels have increased slightly; resulting in weaker LDZ and CCGT demand. Meanwhile, movement at back of the curve was minimal due to a stable session for both coal and oil markets.

energy price graph - 19-12-2017

Energy Market Analysis - 19-12-2017

19th December 2017 | Posted by: Daniel Birkett | Market Analysis

A milder weather outlook for the rest of December continued to dictate the near gas curve yesterday as demand levels are set to decrease. Overall movement was bearish despite a tight system caused by the halt in UKCS production. Further out, a rise in coal prices capped some of the losses, while oil was almost unchanged.

energy price graph - 18-12-2017

Energy Market Analysis - 18-12-2017

18th December 2017 | Posted by: Daniel Birkett | Market Analysis

Gas prices moved down on Friday following a volatile week, with downward pressure provided by a milder weather forecast for the start of this week. Supply fears caused by the Forties shutdown also eased, helping towards losses on the near-curve. Meanwhile, movement further along the curve was more subdued as coal and oil markets stabilised.

energy price graph - 15-12-2017

Energy Market Analysis - 15-12-2017

15th December 2017 | Posted by: Daniel Birkett | Market Analysis

Gas prices initially opened lower yesterday on the back of a milder weather outlook for next week, the resumption of flows at Baumgarten and the return of the Troll processing facility in Norway. However, a fresh outage in Norway and the closure of the Forties pipeline provided support in the afternoon, helped by a rebound on coal and oil markets.