Market Insight

DAILY MARKET REPORT – 07/02/2025Further upside seen in yesterdays session as the bullish momentum continues.As mentioned yesterday it is difficult to see reasoning for a sudden fall in price levels, however we may see days of correction such as those earlier this week.Colder temperatures remain expected for the weeks ahead…

DAILY MARKET REPORT – 06/02/2025And as predicted, the downward movement was short lived and prices rose again in yesterdays session back to where they were.Whilst little is change in terms of fundamentals, it seems clear that concerns around a colder February with quickly depleting gas stocks – which are already…

DAILY MARKET REPORT – 05/02/2025A correction seen in yesterdays session as we saw a drop in price levels across the curve.However we’ve seen this plenty of times in recent weeks and months and the bullish momentum takes over once again.Right now the underlying fundamentals are unchanged, and there is still…

DAILY MARKET REPORT – 04/02/2025A small upward movement seen on the near delivery contracts with the curve holding steady was seen yesterday.Colder temperatures are expected for the week ahead, much lower than seasonal normal levels, which is likely to add some further pressure to EU gas stocks and in turn…

DAILY MARKET REPORT – 03/02/2025Welcome along to February.Markets continued their upward trajectory at the end of the week with continued concerns playing out injecting further volatility for the bulls to push prices higher still.The latest colder temperature forecasts for February and now into early March will only add to those…

DAILY MARKET REPORT – 31/01/2025A fairly flat day seen in yesterdays session in the end, despite it showing potential further gains at points during the day.Prices remain at elevated levels and show just how nervous the market remains with any potential concerning news such as those described in the last…

DAILY MARKET REPORT – 30/01/2025A very bullish session seen yesterday as front month prices rallied to fresh highs once again with the near-term curve being pulled with it.Updated temperature forecasts now showing February to be colder than previously expected which will put further demand on gas storage withdrawals – which…

DAILY MARKET REPORT – 29/01/2025A fairly flat day seen in yesterdays session across the curve.In the afternoon the Danish Energy Agency confirmed it had granted permission for Nord Stream 2 AG to undertake preservation works later this year to install specially manufactured plugs to the damaged string of…

DAILY MARKET REPORT – 28/01/2025A bearish start to the week as the concerns surrounding Freeport LNG potentially not exporting at the end of last week appear to have now passed and the European Commission confirming talks are continuing with Ukraine around transit gas towards Europe.LNG cargoes from the…