Market Insight

DAILY MARKET REPORT – 01/03/2023 A continued bearish session yesterday to start the new front month contract yesterday. The International Energy Agency (IEA) yesterday said that gas markets could remain tight and potentially increase later in the year as Asian buying interest in LNG may increase. China have been suffering from a…

DAILY MARKET REPORT – 28/02/2023 A bearish session to kick the week off and close out the March front month contract. The latest long-term temperature runs show a slightly improved outlook for March overall compared to views late last week, but the ‘dip’ at the start of next week still…

DAILY MARKET REPORT – 27/02/2023 A slightly bullish session to end the week on Friday, as the colder temperatures arrive and are expected to stay for the weeks ahead. Prices remain relatively stable overall, as they have done for several weeks now as we start to see out the final…

DAILY MARKET REPORT – 24/02/2023 A balanced session overall yesterday with little movement in either direction. Flows, temperatures and overall general outlook remain largely unchanged which provided for a lack of direction and keeps the market in its ‘holding pattern’ for now. Today of course marks the one-year anniversary of…

DAILY MARKET REPORT – 23/02/2023 A bullish session was seen yesterday as markets continue to stay in their ‘holding pattern’ seen of late. The latest long term temperature forecast shows a ‘dip’ to be expected around 7th March, with temperatures from today getting to and staying below seasonal normal until…

DAILY MARKET REPORT – 22/02/2023 A bearish session once again followed Mondays bullish start to the week, but this time some new interesting values seen in certain contracts. EUAs breached the €100 marker after coming close several times recently and Henry Hub dipped below $2 for the first time in…

DAILY MARKET REPORT – 21/02/2023 A mixed day yesterday showed a bullish start to the session before retreating back later in the day. EUAs hit a record level of €99.99 before retreating slightly yesterday as markets overall showed an upward trend until later in the session where they returned close…

DAILY MARKET REPORT – 20/02/2023 A bearish end to the week saw the Dutch TTF front month contract fall below €50, a level not seen since late 2021. Whilst the market continues to show new levels of comfort, there are still around six weeks left of the winter period and…

DAILY MARKET REPORT – 17/02/2023 A bearish session yesterday, removing the gains seen from Wednesdays session, once again maintaining an area of comfort the market seems to have found of late. A warm week ahead is expected before dipping below seasonal normal as we close out February, and the latest…