Latest Market Updates

DAILY MARKET REPORT – 13/03/2025A small downward movement come the end of the session after a larger downward movement seen following the release of the ICE Commitment of Traders report which showed a further 48 TWh reduction in net positions held by Investment Funds – taking the total net…

DAILY MARKET REPORT – 12/03/2025A topsy turvy day session throughout much of the day with the final hour seeing an aggressive push upwards.Despite the temperature outlook for the weeks ahead being lower than seasonal normal in the latest forecast runs, which of course will be a concern, comments made at…

DAILY MARKET REPORT – 11/03/2025A further upward start to the week, pushing back through key levels broken last week on the way down, such as €40/MWh and 100p/therm on the front month and front season contracts.Concerns continue to remain over a potential peace deal, now being discussed this with all…

DAILY MARKET REPORT – 10/03/2025Friday saw an unwinding of the losses seen on Thursday mainly due to the Russian attack on Ukrainian energy infrastructure overnight which may see more assistance required from European markets – which is already under strain as we head towards the end of the winter delivery…

DAILY MARKET REPORT – 07/03/2025A big downward move seen once again in yesterdays session as the market takes considerable comfort in what may be ahead.Certainly the rapid withdrawal of long positions held by financial traders, removing over 50 TWh per week in recent weeks, seems to show they feel the…

DAILY MARKET REPORT – 06/03/2025A downward movement seen in the markets yesterday after the spat between world leaders seems to be calming with a move that could see President Trump re-visited by the French, UK and Ukrainian leaders in a joint visit to sign the minerals deal at any moment.Yesterday…

DAILY MARKET REPORT – 05/03/2025A lot of anticipation remains in the market after a very turbulent few days from a geopolitical perspective and a rumour mill running wild.Last night President Trump gave his major speech to Congress. It included confirmation he had received contact from President Zelenskyy, in the form of…

DAILY MARKET REPORT – 04/03/2025After a very aggressive upward start to the day, which was fully expected after the concerns introduced over the weekend, prices slowly dropped from their 7% high to close much closer to Fridays close at the end of the day – although still upwards by a…

DAILY MARKET REPORT – 03/03/2025Welcome along to March.Where do we start? Well after a misleading headline caused a sell-off quickly followed by a correction last week, there is only one focal point to now discuss – and that is of course the events seen on Friday (after market close) in…