Latest Market Updates

DAILY MARKET REPORT – 24/03/2025Markets opened in bullish sentiment on Friday after news of the Sudzha metering station being on fire after a drone attack. However, details remained sparse throughout the day and the market retreated back to where it started by the end of the session to settle slightly down.This…

DAILY MARKET REPORT – 21/03/2025A fairly quiet day in terms of price movement seen yesterday with a bearish move towards the end of the day.The US and Russia announced they will be meeting once again in Saudi Arabia on Monday to further discuss the technicalities of a ceasefire. Meanwhile President Zelenskyy…

DAILY MARKET REPORT – 20/03/2025Whilst the market started in an upward direction yesterday, which was perhaps largely unsurprising following the underwhelming call between Presidents Trump and Putin on Tuesday, the rest of the day saw it push upwards aggressively.A call between Trump and Zelenskyy took place yesterday which again seemed…

DAILY MARKET REPORT – 19/03/2025The market seemed to hold station pending the lines coming out of the much anticipated call between Presidents Trump and Putin which took place during the afternoon UK time for around 90 minutes. However the outcome, most of which was released after market close, was somewhat underwhelming…

DAILY MARKET REPORT – 18/03/2025Markets started the week with a bearish session.Later this week warmer temperatures are expected but the long term view still forecasts below seasonal normal levels which may continue to pressure gas storages which are now below 35% on average across Europe – with France and Netherlands…

DAILY MARKET REPORT – 17/03/2025Still no agreement on a ceasefire has been reached, and the market holds to see what comes next. It is assumed further talks are taking place behind closed doors in an attempt to reach an agreement. The market will continue to watch this closely.On Friday it was rumoured…

DAILY MARKET REPORT – 14/03/2025A fairly flat day until President Putin commented on his view of the proposed ceasefire.Coming late in the day, moving the market swiftly downwards in the final hour of trading (only partly being captured in the settlement calculation window) he stated that, in principle, they are…

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…