Market Insight

DAILY MARKET REPORT – 11/06/2025A further downward movement seen yesterday as Germanys SEFE Securing Energy for Europe GmbH announced a 10 year deal with Azerbaijans State Oil Company of the Republic of Azerbaijan (SOCAR) to import 15 TWh of gas per year, starting later this year, which will…

DAILY MARKET REPORT – 10/06/2025A downward start to the week after markets were showing some small gains throughout last week.With gas stocks now over 50%, and potentially some weaker demand in Asia, some confidence was seen in yesterdays session to limit gains and show some softening.A windier day later this…

DAILY MARKET REPORT – 09/06/2025A muted session on Friday to end the week, ending flat overall compared to the previous day.Energy demand in Asia being lower following a monsoon allows a little more flexibility on spot LNG heading towards Europe.That will be helpful as this month sees lots of Norwegian…

DAILY MARKET REPORT – 06/06/2025An upward session seen yesterday as the impact of lower Norwegian output remains the key focus this month.Combined with lower wind generation expected for the coming weeks, this may keep the market tight for the time being.Centrica renewed its 10-year deal with Equinor to…

DAILY MARKET REPORT – 05/06/2025A flat session overall yesterday, but perhaps one of two halves.With some small adjustments to the planned Norwegian outages, but flows still expected to drop as much as 100mcm in the coming days, and wind generation levels dropping over the coming weeks – this would have…

DAILY MARKET REPORT – 04/06/2025A continuation of the upward trend seen in yesterdays session.With lower Norwegian output expected throughout June, mostly due to planned maintenance which may see up to 100mcm lower flows, this seems to be the main focal point of the current concerns.If we look at the injection…

DAILY MARKET REPORT – 03/06/2025A bullish move upwards to start the week.Talks between Russia and Ukraine took place yesterday, albeit seemingly a short discussion at which proposals were exchanged for consideration. It is believed the Russian expectation is unmoved from its previous stance. This follows a significant Ukrainian drone attack on Russian…

DAILY MARKET REPORT – 02/06/2025Welcome along to June.A bearish session to end the week seen on Friday with further tariff suggestions being commented on social media by the US President – which included suggestion of further tariffs on China and doubling those already existing for steel.As we turn fully into…

DAILY MARKET REPORT – 30/05/2025A small downward movement seen in yesterdays session as the June contracts come to a close, meaning our front month references also move on a month.The Norwegian output slowly increasing, back above 300mcm now, will help the confidence levels in terms of supply.Controversy in the US…