Market Insight

A bullish start to the week across the curve as contracts regained ground lost at the end of last week. Norwegian outages continue this morning following the fire on Asgard but expected to be back online towards the end of the week. Meanwhile temperatures hold above seasonal normal, with a…

Another bearish session yesterday despite comments around the future of energy supply. These mostly came from Ursula von der Leyen who said the EU could fall some 30bcm short for next summers storage injection season, citing three main risks …. Total loss of Russian gas, competitive Asian LNG market and also…

A weak end to the week with plenty of bearish momentum. However a fire on the Norwegian Asgard oil and gas platform results in further unplanned outages, according to Gassco AS. Freeport LNG put out a short official statement in an attempt to quash the rumour mill that exports will be…

Markets took a turn yesterday to show some upside after several days of downside momentum. This came as reports emerged that the prolonged discussion around a potential price cap in Europe was described as ‘impossible’ with several member states appearing to threaten blocking elements of any proposed energy deal as…