Apollo Energy publishes a daily energy market analysis, focusing on the gas, power and oil markets including a commentary on how the markets close and open. Our analysis provides insight on how the markets are performing and also considers various factors which could dictate price changes in the future.
The analysis also contains a graph which tracks the one-year forward price of both gas and electricity as well as changes to Brent crude oil.
Gas prices recorded strong losses yesterday as milder weather was forecast towards the end of the month, while LNG send-outs are healthy. Coal, power and carbon markets also eased down, further weighing on prices.
21st January 2019 | Posted by: Lawrence Carson | Market Analysis
Gas Power Market Close Market Close Friday afternoon saw near curve contract prices soften as revised weather forecasts shown warmer weather than expected for late January. Further out, far curve contracts held strong as the wider commodity markets strengthened. A mixed outcome on Friday for power as near curve prices followed the bearish NBP markets whilst contracts further out tracked the…
Gas prices climbed higher yesterday with the expectation of colder weather supporting prices along the near-curve, ignoring a long system. Meanwhile, prices further along the curve followed rising commodity markets.
Gas prices displayed mixed changes yesterday during a volatile session, with a stronger Pound providing some bearish pressure in the afternoon. Meanwhile, contracts on the far-curve found support from rising oil prices.
Gas prices climbed higher on Tuesday with bullish sentiment provided by a rise in oil and coal. A colder weather outlook also helped to support contracts at the front of the curve, while the system moved closer to balance.