Latest Market Updates

DAILY MARKET REPORT – 27/03/2024 A downward session seen yesterday to unwind the gains seen of Monday as the market continues to hold pattern in this trading zone. We formally reach the end of the winter delivery period in the coming days and next winter contract becomes the front season. We…

DAILY MARKET REPORT – 26/03/2024 Another upward session to get the week underway, although remains within the trading zone recently established – which has become an envelope of where the market seems comfortable for now. The latest long term weather runs show a slightly colder start to April to be…

DAILY MARKET REPORT – 25/03/2024 A bullish session to end the week as Ukrainian energy infrastructure was attacked, impacting gas storage facilities and resulting in electricity to be imported. Terrorist attacks in Moscow have also escalated further tension in the area and markets are likely to be sensitive in the…

DAILY MARKET REPORT – 22/03/2024 Another bearish session which in effect cancels out much of the gains seen since this time last week. The latest long term temperature forecasts show a seasonal normal April to be expected after a few colder days to end March. Yesterday saw the TTF Front…

DAILY MARKET REPORT – 21/03/2024 A bearish session seen yesterday after a few bullish ones towards the end of last week and then a flat one on Tuesday. As said yesterday, the fundamental outlook remains unchanged of late and so the market seems to have found an area of comfort…

DAILY MARKET REPORT – 20/03/2024 A flat session seen yesterday after a steady rise in the last few sessions. No real change to fundamentals with seasonal normal temperatures expected for the weeks ahead, plenty of gas in store and LNG vessels still arriving for the weeks ahead despite increased interest…

DAILY MARKET REPORT – 19/03/2024 Another aggressive uptick in yesterdays session as Far Eastern demand for LNG appears to be increasing in recent days. Asian market prices have been rising steadily in recent sessions and European markets have rallied to compete. Yesterday saw the TTF Front Month contract settle at…

DAILY MARKET REPORT – 18/03/2024 An uptick in prices in recent sessions as the market deals with some news. With earthquake activity in Japan, increasing demand for LNG in China and continued attacks on shipping in the Red Sea – coupled with more local supply blips like those seen today…

DAILY MARKET REPORT – 15/03/2024 Bit of an uptick in yesterdays session, mostly on concern around an earthquake in Japan which may lead to increased demand for LNG. The latest long term temperature forecasts show little change to the previous, and storage is now just below 60% – still an…