Market Insight

DAILY MARKET REPORT – 05/08/2024 A stable session seen on Friday, limiting the gains seen throughout last week. Stronger Norwegian flows seen this morning compared to recent weeks as the LNG queue once again shows no ships on the horizon heading towards the UK. Temperatures expected to hold above…

DAILY MARKET REPORT – 02/08/2024 Further upside seen in yesterdays session as the market continues to hold fear around escalations in the Middle East with the underlying nervousness, which has lingered for a long time, still clearly visible. Yesterday saw the TTF Front Month contract settle at €36.97 (from…

DAILY MARKET REPORT – 01/08/2024 Welcome along to August. Further upwards movement seen in yesterdays session as news relating to activity in the Middle East appears to dominate the underlying concerns. After several weeks of prolonged outage, Visund returned to full service, but this morning we see another asset…

DAILY MARKET REPORT – 31/07/2024 More upwards movement seen yesterday as the monthly contract comes to a close and we start looking further ahead to a new front month contract. Escalations in the Middle East continue to underline some of the concern held in the market and developments over…

DAILY MARKET REPORT – 30/07/2024 Further upside seen in yesterdays session, pushing prices back to a recent high. The warmer weather may be pushing more gas for power generation demand which may have a knock on effect to the short queue of LNG in the coming weeks – showing…

DAILY MARKET REPORT – 29/07/2024 An ‘as you were’ session once again on Friday as markets rose to undo the losses seen on the previous day. Freeport LNG has recommenced exports and the Visund asset in Norway is expected return fully later this week after a prolonged outage.

DAILY MARKET REPORT – 26/07/2024 Yesterdays session almost completely unwound the previous days gains as markets retain comfort to hold around this level – moving slightly up or down between sessions. Gassco AS updated the prolonged outage for Visund yesterday to show it will likely continue until the…

DAILY MARKET REPORT – 25/07/2024 After a few softer days, the market took a turn to unwind some of those losses in yesterdays session. Driven, in part, by news of prolonged maintenance across the Norwegian assets, as well as an unplanned outage in the UK at Teesside CATS. Yesterday…

DAILY MARKET REPORT – 24/07/2024 A small further discount seen across the board in yesterdays session. The market continues to hold station around this level, as it has done for many weeks now, with small movements in either direction over a period of time. No change in outlook for…