Latest Market Updates

DAILY MARKET REPORT – 08/05/2024An adjusted day of trading seen yesterday with the UK markets rising and the European ones falling, following a misaligned day of activity on Monday.No real change to any outlook with warmer temperatures expected throughout this week and holding around seasonal normal for the foreseeable future. Gas…

DAILY MARKET REPORT – 07/05/2024A closed market yesterday in the UK for the early Bank Holiday weekend, whilst some European markets continued to trade.That may see some ‘adjustment’ trading today whereby the European markets have increased during the closed market and so the UK market may look to ‘catch up’.A…

DAILY MARKET REPORT – 03/05/2024Another upward swing seen in yesterdays session across the board.In recent days it’s mostly been movement at the front of the curve but further dated contracts were also caught up in yesterdays move, including carbon which may have been a driver for the rest of the…

DAILY MARKET REPORT – 02/05/2024An unwinding of Mondays gains seen in yesterdays session.No real change in outlook as the weather is expected to stay close to seasonal normal throughout the month, allowing gas stocks to be refilled at leisure.As such the market continues to hold in the range it has…

DAILY MARKET REPORT – 01/05/2024Welcome along to May.Yesterdays session saw a bullish start to the week, unwinding the losses seen on Friday. Perhaps a nervous display as further ship attacks take place in the Red Sea and G7 ministers discuss ways to reduce LNG sourced from Russia into European markets.The latest…

DAILY MARKET REPORT – 30/04/2024A continued downside seen yesterday to start the week off as front month contracts change to a new month.Yesterday saw the TTF Front Month contract settle at €28.06 (from €28.87) and the NBP Front Month contract at 68.28p (from 71.87p).No unplanned outage this morning and we…

DAILY MARKET REPORT – 29/04/2024A bearish end to the week, undoing the gains seen during previous sessions.The latest temperature runs show a warm start to May to be enjoyed, after a cold end to April.Both Troll and Kollsnes went into planned maintenance this weekend, denting further the flows from Norway…

DAILY MARKET REPORT – 26/04/2024A further uptick seen in yesterdays session as flows were dented yesterday as planned maintenance took effect alongside news of continued issues regarding maintenance at Freeport LNG.The latest long temperature forecasts now showing a warmer next week to be expected, after a cooler weekend, before…

DAILY MARKET REPORT – 25/04/2024A small uptick seen in yesterdays session.In the days ahead we will still endure some colder temperatures and Nyhamna is undergoing a few days of planned maintenance which has dented the usual strong flow from Norway into Europe, stagnating the gas injections into storage.Yesterday saw the…