Latest Market Updates

DAILY MARKET REPORT – 07/11/2023 A soft session yesterday saw a decent decline in the near term contracts as fundamentals remain strong with 100% gas storage, plenty of LNG en route and cold temperatures not yet in sight. This, alongside healthy production levels, put the market in confident mode and…

DAILY MARKET REPORT – 06/11/2023 A level day to end the week with not much movement to the previous days settlement seen on Friday. EU gas storage levels are now within touching distance of recording 100% and will soon start to decline as withdrawals are likely to commence as the…

DAILY MARKET REPORT – 03/11/2023 A slight uptick seen in yesterdays session, undoing much of the previous day, and keeping us level for now. The latest long term temperature runs continue to show just below seasonal norms to be expected throughout November and into the first half of December. Yesterday…

DAILY MARKET REPORT – 02/11/2023 A relatively level session seen yesterday following the bearish start to the week. With gas storage now brimming at the limit, EU traders may now look towards using facilities in Ukraine – something looked at several years ago – for any excess gas they want…

DAILY MARKET REPORT – 01/11/2023 Welcome along to November. As the closeout of October, and Halloween, arrived something spooked the bulls away from the market as we saw an impressive drop in market levels during yesterdays session. Looking ahead we see an uptick in expected LNG, over 99% storage levels…

DAILY MARKET REPORT – 31/10/2023 A bit of a yo-yo session seen yesterday which can often be the case as we close front month contracts. Markets were up early on, later retracting only to end as they started as news relating to Egypts LNG exports, none of which currently appear…

Tony Jordan, co-founder and director of Auxilione, has been nominated as Industry Expert at this years TELCA awards to be held in December. Alongside a shortlist of other nominees, Tony is recognised as a leading figure in the energy industry and has been instrumental to helping businesses, suppliers, consultants, journalists…

DAILY MARKET REPORT – 30/10/2023 A calm end to the week as Friday saw another level session compared to the previous day. Estonia has said that it believes the three Baltic pipe and cable incidents are likely connected. This comes after Finland recently named a vessel that it believes caused the…

DAILY MARKET REPORT – 27/10/2023 A fairly level session once again as the gas market holds stable close to €50-55 on the TTF and 125-135p on the NBP respectively along the curve. No change to the current temperature outlook, which continues to show a seasonal normal end of October and…