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Latest Market Updates
DAILY MARKET REPORT – 19/04/2024A move back upwards again seen in yesterdays session.Temperature outlooks remain largely unchanged, apart from a slight dip in the coming days to be expected against the previous forecast.After a quiet few weeks the Nord Stream AG saga continues with insurers stating that the pipeline…
Tony Jordan
DAILY MARKET REPORT – 18/04/2024A pullback seen in yesterdays session, unwinding the gains seen from Monday.The UK Winter gas contract getting close to £1/therm, now back down toward the low 90p area – reminding us just how nervous the market still is and how quickly the it can still move…
Tony Jordan
DAILY MARKET REPORT – 17/04/2024Up across the board yesterday as several Norwegian assets reduce output and temperatures are set to stay below seasonal normal for the next couple of weeks.The UK Winter gas contract is notably now touching the £1 level, having been just 80p just a couple of weeks…
Tony Jordan
DAILY MARKET REPORT – 16/04/2024A further upward movement to get the week underway as unplanned outages in Norway dent the markets confidence which has seen spot gas prices rise as a result.Those outages continue this morning with a second outage so this may push some further upside until those are…
Tony Jordan
DAILY MARKET REPORT – 15/04/2024 A further uptick in the market seen to end the week in Fridays session as nerves were clearly put to the test following the developments on Thursday. Over the weekend further escalation in the Middle East will be adding pressure to the markets nerve this…
Tony Jordan
