Market Insight

DAILY MARKET REPORT – 10/04/2024 A small downward movement seen in yesterdays session as the holding pattern seen of late continues. The latest long term weather runs show above seasonal normal levels this week, quickly followed by a few colder days into next week before holding around or just below…

DAILY MARKET REPORT – 09/04/2024 A market uptick once again seen in yesterdays session as supply was constricted yesterday and Asgard continues to suffer process issues for another day today. Prices however remain within a band the market now seems somewhat comfortable with in recent weeks, with weekly upward and…

DAILY MARKET REPORT – 08/04/2024 A slight further uptick to end the week seen in Fridays session. Windy weather over the weekend helped push spot electricity prices to low levels, mostly around zero. A lower gas supply nomination in place across the board this morning. With warmer temperatures expected this week…

DAILY MARKET REPORT – 05/04/2024 A bounce upwards to undo the losses of the previous days session seen yesterday, as the market continues to hold pattern. Brent Crude breaks into the $90 range for the first time in around six months as tensions heighten in the Middle East. A heightened…

DAILY MARKET REPORT – 04/04/2024 A further small bit of downside seen in yesterdays session as the market continues to hold steady in the zone it appears to have found comfort in for some time now. With a steady fundamentals outlook, this may continue for the weeks ahead with sessions…

DAILY MARKET REPORT – 03/04/2024 A bearish start to the month as we saw prices fall across the board in yesterdays session. EU gas storage sites will now start to look towards injections in readiness for next winter with an impressive 59% of capacity already in store. EU rules state that…

DAILY MARKET REPORT – 02/04/2024 Welcome to April and of course to the start of the summer delivery period. We hope you had a good Easter weekend. The long term weather outlook keeps changing and the latest run shows a warm week ahead and then slowly settling to seasonal normal towards…

DAILY MARKET REPORT – 28/03/2024 The end of winter has arrived as we reach the end of March, ahead of a long Easter bank holiday weekend with the clocks also going forward hour. This means a new front month and season now being reported on, therefore the comparable to the…

DAILY MARKET REPORT – 27/03/2024 A downward session seen yesterday to unwind the gains seen of Monday as the market continues to hold pattern in this trading zone. We formally reach the end of the winter delivery period in the coming days and next winter contract becomes the front season. We…