Market Insight

Markets continued their bearish trend yesterday, with the TTF Sum and Win 23 contracts joining the front month below the €100 marker. The German energy regulator, who has been reporting weekly progress on the energy saving targets in recent months, has continued to show this is now being missed and…

Markets continued to show downside yesterday as the TTF front month traded below €100 for the first time in a while. In a continued trend of capital being required by several energy businesses of late, Norways Equinor pumped some €3.5bn into its Danske Commodities trading business as it manages the market volatility…

A soft market direction continued yesterday with prices at their lowest for a while. Much of the discussion yesterday appeared to be on the European price cap and how ineffective it is likely to be. With several parties already citing how it can be avoided, particularly with the suspension of the…

A strong bearish push to end the week across the board. The updated warmer temperature outlook helped put relief into the market. National Grid ESO Grid has put the coal plants back into test runs for today and tomorrow. The EU will today once again reconvene around the table in…

A continuation of the recent upward trend in price levels was seen yesterday as the cold weather starts to take hold and we see some unplanned outages in the Norwegian fleet. Gas storage is now helping the supply side after a strong resistance to use it in the first two…

More bullish momentum continues into the market with spot and curve prices rising again in yesterdays session as we move deeper into winter delivery and contracts switch to a new forward month. January remains a focal point of concern when it comes to cold temperatures and potential tightness around the…

A continued bearish trend seen in the markets yesterday as the outlook for the coming weeks, in terms of expected temperatures, gave some confidence to the market. Canada has decided to remove the exception that permitted the repaired turbine to be returned to Germany earlier this year as part of…

A bearish start to the week despite the cold temperatures which saw spot prices climb but have since calmed. In a constantly changing outlook, the latest long term temperature forecasts now show a quick return to seasonal normal this coming weekend, which might feel like a heatwave after heavy snow…

A fairly steady end to the week along the curve after an interesting week of movement in both directions. Whilst the arguments over oil price caps on Russian oil and of course the ongoing split of European countries over the structure of a gas price cap, the focus is very…