Latest Market Updates

DAILY MARKET REPORT – 03/09/2025 A further muted session seen yesterday as the markets continue their holding station for the time being. Underlying fundamentals remain unchanged, alongside no other significant news – particularly from President Trump despite him holding an Oval Office press conference yesterday in which he declined…

DAILY MARKET REPORT – 02/09/2025 After a bearish looking start to the day, price levels rose slightly above last weeks close quite early on to settle relatively close to the Friday settlement come the end of the session. No real change to underlying fundamentals, and little in terms of…

DAILY MARKET REPORT – 01/09/2025 Welcome along to September. As we move into the final month of summer delivery, the winter delivery contracts become the focal point for the markets. EU gas storage levels are now pushing closer to 80%, still below where we have typically seen it in…

DAILY MARKET REPORT – 29/08/2025 A further move downwards seen in yesterdays session. Whilst the Norwegian gas output continues to decline, resulting from planned maintenance ahead of the winter season, strong LNG and wind generation help to offset that. The price levels did push downwards a little harder than…

DAILY MARKET REPORT – 28/08/2025 A larger move downwards seen in yesterdays session as technical levels appear to be hit and create the move following a series of upward movements over the previous week. This was on top of the weekly Commitment of Traders release where yet again further…

DAILY MARKET REPORT – 27/08/2025 A small downward movement in a fairly muted session, largely unwinding the gains from the previous, seen yesterday as consecutive upward movements for the last week came to an end. This morning Ofgem confirmed the latest quarterly update to the domestic price cap,…

DAILY MARKET REPORT – 26/08/2025 A further move upwards seen on Friday. No developments, publicly at least, on the Russia-Ukraine meeting which was expected to be held, or arranged, relatively quickly following the US-Russia meeting over a week ago now. Norwegian gas production is currently at reduced levels as…

DAILY MARKET REPORT – 22/08/2025 A further upwards push seen yesterday. On top of reducing Norwegian output, as we enter a planned maintenance period, several new stories are likely to have pushed the market upwards in yesterdays session. A Ukrainian national was arrested in Italy in relation to the…

DAILY MARKET REPORT – 21/08/2025 An upwards push seen yesterday. Likely mixed reasons, including technical levels being hit after several soft/quiet sessions, but also that of the latest Commitment of Traders report which showed further shrinking of the net long position of Investment Funds by 24 TWh, making that…