Market Insight

DAILY MARKET REPORT – 01/05/2024Welcome along to May.Yesterdays session saw a bullish start to the week, unwinding the losses seen on Friday. Perhaps a nervous display as further ship attacks take place in the Red Sea and G7 ministers discuss ways to reduce LNG sourced from Russia into European markets.The latest…

DAILY MARKET REPORT – 30/04/2024A continued downside seen yesterday to start the week off as front month contracts change to a new month.Yesterday saw the TTF Front Month contract settle at €28.06 (from €28.87) and the NBP Front Month contract at 68.28p (from 71.87p).No unplanned outage this morning and we…

DAILY MARKET REPORT – 29/04/2024A bearish end to the week, undoing the gains seen during previous sessions.The latest temperature runs show a warm start to May to be enjoyed, after a cold end to April.Both Troll and Kollsnes went into planned maintenance this weekend, denting further the flows from Norway…

DAILY MARKET REPORT – 26/04/2024A further uptick seen in yesterdays session as flows were dented yesterday as planned maintenance took effect alongside news of continued issues regarding maintenance at Freeport LNG.The latest long temperature forecasts now showing a warmer next week to be expected, after a cooler weekend, before…

DAILY MARKET REPORT – 25/04/2024A small uptick seen in yesterdays session.In the days ahead we will still endure some colder temperatures and Nyhamna is undergoing a few days of planned maintenance which has dented the usual strong flow from Norway into Europe, stagnating the gas injections into storage.Yesterday saw the…

DAILY MARKET REPORT – 24/04/2024Another bearish session seen yesterday as the market continues to hold steady in this price zone after a bullish week last week.Temperatures are still expected to be lower than seasonal normal for the remaining days of the month before they get and stick close to seasonal…

DAILY MARKET REPORT – 23/04/2024A bearish session to kick the week off after a series of series of bullish ones last week.Whilst the market has seen a bit of a rise and fall in recent weeks, it remains in its holding pattern for now with global news events still taking…

DAILY MARKET REPORT – 22/04/2024After a series of upward sessions early last week, Friday saw an unwinding of much of those gains to put us back close to where the week started with a downward session to end the week.Temperature outlooks still remain below seasonal normal for the final week…

DAILY MARKET REPORT – 19/04/2024A move back upwards again seen in yesterdays session.Temperature outlooks remain largely unchanged, apart from a slight dip in the coming days to be expected against the previous forecast.After a quiet few weeks the Nord Stream AG saga continues with insurers stating that the pipeline…