Market Insight

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…

A bullish start to yesterdays session turned into a bearish end as the market swung in direction throughout the session. No significant change to the long range temperature forecast, which continues to show very cold temperatures for the next ten days or so and staying below seasonal normal until the…

Yesterday UK markets showed some upward movement whilst the TTF market remained stable to bearish. Temperatures turn cold(er) today, dipping to seasonal normal, before rising again for the next 10 days or so and the latest long-term forecast shows a cold end of November and start to December to be…

A fairly wild day in the market yesterday which saw the market show gains and losses throughout the day as a direction was sought, however the bulls pulled the winning punches to show gains across the board. No major news to drive the market currently but temperatures can now be…

After what first appeared to be a very bullish start to the week, the session was rather muted with very small deltas to Fridays close by the end of the day. The Dutch Gate LNG terminal reported operational issues which reduced its send out by 990 MWh/hr yesterday. No updates appeared…

A bearish end to the week last week, just as temperatures start to fall, which could mean a turn for the week ahead to be expected. On Friday the EU continued its talks on a gas price cap with consideration for a lower value to be used after no agreement…

A fairly level day for the curve, but the prompt (spot) prices continue their upward trend as as the latest temperature forecasts show continued ‘below seasonal normal’ levels to be be expected in the days and weeks ahead. The latest long-term run shows the UK will not see seasonal normal to…

After a bullish start, we saw a turn back to a softer bear market in yesterdays session. Norways Government announced it will expand the Oseberg field which will result in increased exports to Europe, although the results will not be seen until 2026. TotalEnergies announced it was cutting its investment…