Latest Market Updates

DAILY MARKET REPORT – 01/03/2024 Welcome along to March! A downward movement seen across the board yesterday as these current levels are tested, as we described yesterday, and we could see this for a few sessions yet. The latest long term temperature outlooks are unchanged with a cold start to…

DAILY MARKET REPORT – 29/02/2024 More upward movement in yesterdays session as we bounce away from those low levels set last week. However that’s not to say we’re just on the way up. Looking forwards we still have an impressive storage count, heading quickly out of winter delivery with new front…

DAILY MARKET REPORT – 28/02/2024 A further bit of upside seen in yesterdays session as the market looks to bounce when testing those prices levels seen last week as we approach the month end and enter the final month of ‘winter’ delivery. Yesterday saw the TTF Front Month contract settle…

DAILY MARKET REPORT – 27/02/2024 A bounce seen in yesterdays session to kick the week off – likely in response to the market enjoying a series of bearish sessions pushing to long term low points – and resistance being tested. Yesterday we launched our new YouTube channel with our initial video…

Today Auxilione launch a new YouTube channel.We start with a series of videos aimed at looking at the Ofgem Price Cap.It’s been a topical subject in recent years, highly discussed throughout 2022 and 2023 with its staggering rises, but also more…

DAILY MARKET REPORT – 26/02/2024 Some small further downside seen to end the week as we edge closer towards the end of the winter delivery period with impressive levels of storage still being held and a temperature outlook that remains relatively close to seasonal normal. Later today we will launch…

DAILY MARKET REPORT – 23/02/2024 Another downward day yesterday as the market once again tests the lows not seen for some time, and manages to set new low points. Temperature wise, the latest long term forecasts show little change with a bit of a dip below seasonal normal for the…

DAILY MARKET REPORT – 22/02/2024 A fairly flat session seen yesterday with tiny movements across our followed contracts. Yesterday saw the TTF Front Month contract settle at €23.98 (from €24.17) and the NBP Front Month contract at 59.12p (from 59.29p). Karsto remains on unplanned outage this morning and we see…

DAILY MARKET REPORT – 21/02/2024 A small uptick in yesterdays session as some of the Norwegian assets slow production slightly. As mentioned yesterday, we’re currently sat at price levels not seen for some time so these levels will be tested, however the underlying picture seems to be that we could…