Market Insight

Markets closed the week in bearish mode as the queue of LNG tankers heading towards Europe continue to stay strong alongside healthy gas storage across Europe. Temperatures early this week will drop for a few days, which have been expected for a good few days, before returning to seasonal normal. The…

The first ‘aggressive’ upwards move of the year so far was seen on Friday as prices regained the losses enjoyed over the course of the week. This was mostly caused by revised downward temperature forecasts, despite EU gas storages still holding impressive levels for this time of year. So far this…

A small rise across the board in yesterdays session, as the market appears to seek direction or test levels it hasn’t seen for over a year. The International Energy Agency (IEA) noted that Chinas reopening after Covid lockdown may push oil demand to new highs this year. We could also see LNG…

Prices showed some upside yesterday, but not enough to rise beyond Mondays bearish session. No major news to drive the sentiment, perhaps a floor being tested in the market – which is largely expected. Europe now sits rather comfortable in its rest of winter outlook compared to the ‘what if’ scenarios…

Markets continued to enjoy yet another bearish session yesterday. The long-awaited restart of Freeport LNG may be another few weeks as several sources were quoted yesterday of the expected imminent start to be pushed back into February. It’s unclear how much impact this will have on the market (if any), as Europe…

An aggressively bearish start to the week to give us new lows not seen in some considerable time across the board. It seems the lack of cold weather in the long term forecasts, supported by a string of LNG cargoes expected in the coming weeks and EU storage levels still…

A fairly level day yesterday, starting with a small increase showing on the month ahead TTF contract at the open before discounting later in the session. A small loss at the end of the day to the previous session. The latest weather runs show the current cold spell ends in the…

Markets have enjoyed a break of their own in recent weeks with a much softer start to the year thanks to warmer weather helping gas stocks to stay strong as we enter the second half of winter. We’ve also been busy putting together a new brand identity (as you’ll see…

Markets closed the week in bearish mode as the queue of LNG tankers heading towards Europe continue to stay strong alongside healthy gas storage across Europe. Temperatures early this week will drop for a few days, which have been expected for a good few days, before returning to seasonal normal. The…