Market Insight

DAILY MARKET REPORT – 16/08/2024 A slight uptick seen in yesterdays session, unwinding the losses seen from Wednesday. Continued escalations around the Ukraine-Russia border will be injecting some concerns, although they have been around for some time now, but markets will continue to react to any news as it…

DAILY MARKET REPORT – 15/08/2024 Another calm session seen yesterday as the market seems to have run out of steam following its upwards rally last week. EU gas stocks are now approaching the key 90% level, which it must reach by the end of October each year. Yesterday saw…

DAILY MARKET REPORT – 14/08/2024 Another calm session seen yesterday, despite conflicts around key gas infrastructure continuing around the Ukraine-Russia border. After many months of silence, and almost two years after the event, German investigative authorities have released an arrest warrant for a Ukrainian diving instructor believed to have…

DAILY MARKET REPORT – 13/08/2024 A mixed session yesterday which saw markets rise quite aggressively at one point before retreating towards the end of the day as continuation of recent concerns continued to play out. The market is now preparing itself for gas flow from Russia via Ukraine to…

DAILY MARKET REPORT – 12/08/2024 A small uptick in prices seen in Fridays session to end the week after a week of rises following growing concerns around escalations in the Middle East and also around the Ukraine/Russia border. This activity may continue for the foreseeable. Warmer weather expected to start…

DAILY MARKET REPORT – 09/08/2024 The nerves are still getting the better of the market as concerns continue around the flow of gas from Russia through Ukraine at Sudzha which is nominating lower each day as clashes continue in the area. Prices on selected contracts are now pushing to…

DAILY MARKET REPORT – 08/08/2024 Discussions around explosions close to energy infrastructure in Ukraine appeared to be the main driver to an upwards drive in market prices yesterday. Today we see nominations through Ukraine at lower levels that we’ve seen of late. The above, combined with ongoing underlying concerns…

DAILY MARKET REPORT – 07/08/2024 An as you were session seen yesterday after losses seen on Monday were unwound and rose again. LNG deliveries still showing limited expectation throughout August with no cargoes expected in the UK and just 14 across the main points across Europe. Temperatures are expected…

DAILY MARKET REPORT – 06/08/2024 After plenty of bullish sentiment seen last week, this week started with an end to that momentum as a corrective move was seen with a soft start to get the week underway. Global concerns around the economy also shifted financial markets in a similar…