Market Insight

DAILY MARKET REPORT – 02/05/2025A fairly quiet session yesterday, unwinding the small uptick from the previous, and price levels holding station overall.With limited news stories, and no change in fundamentals, the market seems comfortable to hold these levels.A small dip in temperatures is expected early next week before remaining close…

DAILY MARKET REPORT – 01/05/2025Welcome along to May.A small uptick seen in yesterdays session, albeit hardly noticeable, as underlying fundamentals remain unchanged and President Trump hasn’t said too much this week to cause a directional move as we’ve seen plenty of in his first 100 days in office.Last night however…

DAILY MARKET REPORT – 30/04/2025A fairly calm day once again seen yesterday as the front month contracts came to a close with a small further loss come the end of the session and today we have a new front month contract quoted.With no change in the underlying fundamentals, eyes will…

DAILY MARKET REPORT – 29/04/2025Capturing the mainstream media headlines yesterday was of course the power outage causing chaos across Spain and Portugal – seemingly caused by a rare atmospheric phenomenon.Markets were otherwise sitting relatively calm overall, despite a small downward move early in the session later retraced, to stay very…

DAILY MARKET REPORT – 28/04/2025We’re back. Note that the prices in brackets in todays reports are referencing our last daily report before our break.So what have we missed? Prices have come off a little further over the past week although mostly late in the week as technical levels were tested and succeeded.The…

DAILY MARKET REPORT – 17/04/2025Some further upward movement seen in yesterdays session, seemingly without any clear rationale as to a particular driver.Indeed, some news surrounding Venture Global LNG to begin commercial operations after a 3 year commissioning phase and the European Commission seeking to find legal options to…

DAILY MARKET REPORT – 16/04/2025An unwinding of Mondays small gains seen in yesterdays session as the market ‘holds station’ after the whirlwind of the last few weeks.Whilst we wait for the next dramatic turn of events, likely a geopolitical one, the markets turn more towards the fundamentals which currently show…

DAILY MARKET REPORT – 15/04/2025A slightly bullish start to the week seen in yesterdays session.US officials have said that negotiations on trade deals, including those with the European Union, are making good progress – whilst they temporarily sit on 10% tariffs for 90 days.Meanwhile European countries are starting to realise…

DAILY MARKET REPORT – 14/04/2025Not a great deal of movement to end last week, after yet another rollercoaster of sessions seen in the previous days.Much of the movement was of course related to the impact of President Trumps tariffs, which are now on pause for 90 days at 10% whilst…