Market Insight

DAILY MARKET REPORT – 03/09/2025A further muted session seen yesterday as the markets continue their holding station for the time being.Underlying fundamentals remain unchanged, alongside no other significant news – particularly from President Trump despite him holding an Oval Office press conference yesterday in which he declined to make comments…

DAILY MARKET REPORT – 02/09/2025After a bearish looking start to the day, price levels rose slightly above last weeks close quite early on to settle relatively close to the Friday settlement come the end of the session.No real change to underlying fundamentals, and little in terms of developing new stories…

DAILY MARKET REPORT – 01/09/2025Welcome along to September.As we move into the final month of summer delivery, the winter delivery contracts become the focal point for the markets.EU gas storage levels are now pushing closer to 80%, still below where we have typically seen it in recent years, and has…

DAILY MARKET REPORT – 29/08/2025A further move downwards seen in yesterdays session.Whilst the Norwegian gas output continues to decline, resulting from planned maintenance ahead of the winter season, strong LNG and wind generation help to offset that.The price levels did push downwards a little harder than the settlement quotes show…

DAILY MARKET REPORT – 28/08/2025A larger move downwards seen in yesterdays session as technical levels appear to be hit and create the move following a series of upward movements over the previous week.This was on top of the weekly Commitment of Traders release where yet again further reduction in net…

DAILY MARKET REPORT – 27/08/2025A small downward movement in a fairly muted session, largely unwinding the gains from the previous, seen yesterday as consecutive upward movements for the last week came to an end.This morning Ofgem confirmed the latest quarterly update to the domestic price cap, setting it at…

DAILY MARKET REPORT – 26/08/2025A further move upwards seen on Friday.No developments, publicly at least, on the Russia-Ukraine meeting which was expected to be held, or arranged, relatively quickly following the US-Russia meeting over a week ago now.Norwegian gas production is currently at reduced levels as we are now into…

DAILY MARKET REPORT – 22/08/2025A further upwards push seen yesterday.On top of reducing Norwegian output, as we enter a planned maintenance period, several new stories are likely to have pushed the market upwards in yesterdays session.A Ukrainian national was arrested in Italy in relation to the Nord Stream AG…

DAILY MARKET REPORT – 21/08/2025An upwards push seen yesterday.Likely mixed reasons, including technical levels being hit after several soft/quiet sessions, but also that of the latest Commitment of Traders report which showed further shrinking of the net long position of Investment Funds by 24 TWh, making that seven of the…