Energy Market Analysis - 18-10-2017
18th October 2017 | Posted by: Daniel Birkett | Market Analysis
Movement along the gas curve varied on Tuesday, with a well-supplied system and mild weather applying bearish pressure to some contracts on the near-curve. However, a drop in wind generation today was expected to lift CCGT demand, restricting some of the losses. Meanwhile, weaker coal prices contributed to small decreases at the back of the curve.
Energy Market Analysis - 17-10-2017
17th October 2017 | Posted by: Daniel Birkett | Market Analysis
Far-curve gas prices inched higher on Monday, finding support from bullish movement on coal and oil markets. However, the majority of contracts at the front of the curve displayed losses, helped by mild weather and improved Norwegian supply which led to a long system.
Energy Market Analysis - 16-10-2017
16th October 2017 | Posted by: Daniel Birkett | Market Analysis
Gas prices recorded mixed changes on Friday with a long system and a mild weather forecast helping towards losses on the near-curve. Further out, contracts were dictated by rising oil and gas prices, although a stronger Pound provided some resistance.
Energy Market Analysis - 13-10-2017
13th October 2017 | Posted by: Daniel Birkett | Market Analysis
An improved outlook for demand and supply levels helped to pressure down prompt gas prices on Thursday. Norwegian imports ramped up following the return of Kollsnes and warmer weather reduced residential demand, resulting in an oversupplied system. However, contracts further out were bullish with support provided by a weak Pound and rising coal & oil markets.
Energy Market Analysis - 12-10-2017
12th October 2017 | Posted by: Daniel Birkett | Market Analysis
Near-curve gas prices moved down yesterday as the Kollsnes processing plant in Norway returned online following a planned outage. The Corrib gas field in Ireland also returned following numerous delays which reduced UK exports, further weighing on the prompt. Movement at the back of the curve was more subdued as stronger coal offered resistance to the bears.