Latest Market Updates

DAILY MARKET REPORT – 24/01/2025A relatively flat day, slightly up on the previous, in the end seen in yesterdays session.Concerns over weather impacts on US LNG exports have been the main focus in recent days.On that topic President Trump said yesterday that he would ‘guarantee’ LNG supplies to Europe even…

DAILY MARKET REPORT – 23/01/2025A softer session yesterday after Freeport LNG in the US showed signs of restarting after being offline the previous day due to a power cut caused by bad weather.Meanwhile temperature fluctuations in the weeks ahead are starting to show in the long term forecast which…

DAILY MARKET REPORT – 22/01/2025It was a relatively calm session yesterday until the afternoon saw an impressive rise pushing the curve to highs once again.Despite the near-term prices being elevated due to low wind generation and some colder temperatures putting pressure on gas stocks, the further dated contracts also rose…

DAILY MARKET REPORT – 21/01/2025Markets started the week with a small upward movement in yesterdays session as the world waited for the inauguration of President Trump to office.He has signed initial Executive Orders that include releasing more fossil fuels for global export and removing America from the Paris climate agreement. In…

DAILY MARKET REPORT – 20/01/2025Markets finished upwards on Friday after a rollercoaster week following that aggressive rise on Monday.Low wind today has pushed spot power prices to high levels once again. Day ahead prices set yesterday close to £200, with peaks hitting £500 in the late afternoon.A mixed weather outlook in…

DAILY MARKET REPORT – 17/01/2025A small downward movement seen in yesterdays session as the market continues to slowly recover from Mondays bullish run.No real change in overall outlook as we await the inauguration of President Trump into office on Monday where it is expected he will maintain his view of…

DAILY MARKET REPORT – 16/01/2025A fairly flat session yesterday with only small movements seen in most contracts.It is worth pointing out however that the US Henry Hub month ahead contract has been creeping upwards for several months and is now about $4. The last time we saw it do this was…

DAILY MARKET REPORT – 15/01/2025A small downward movement seen in yesterdays session, but not enough to unwind the surge seen on Monday.With continued discussion around whether or not Ukraine will be asked, or persuaded, to permit Russian gas flows to assist certain countries largely impacted by the end of the…

DAILY MARKET REPORT – 14/01/2025Just a couple of weeks into January and we’ve already had plenty of market activity – including some incredible spot power prices – but also yesterday saw a dramatic increase in prices along the near-term curve also.EU gas storage levels are sitting around two-thirds full, which…