Latest Market Updates

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…

DAILY MARKET REPORT – 20/02/2024 A bearish session to get the week underway, pushing values to new lows. The latest long term temperature runs show seasonal normal to now be expected until mid-March before dipping below – an improved outlook from recent forecasts as we look towards the end of…

DAILY MARKET REPORT – 19/02/2024 A slight dip to end the week in Fridays session, undoing the tiny gains seen on Thursday. A warm week expected this week, before temperatures are expected to dip to and just below seasonal normal for the remaining days of the month. Friday saw the…

DAILY MARKET REPORT – 16/02/2024 A level outcome in yesterdays session with very little movement to the previous at the end of the day. The latest temperature runs are largely unchanged with some warm days ahead before dipping just below seasonal normal for the final few days of February. Into March,…

DAILY MARKET REPORT – 15/02/2024 A small further downward move in yesterdays session as markets seek to get comfortable with new levels amidst coming to the end of winter delivery. Outlook remains unchanged with temperatures expected to remain close to seasonal normal for the remaining weeks of winter delivery, EU…

DAILY MARKET REPORT – 14/02/2024 A mixed session yesterday but ending on a bearish note come the end of the session as the outlook remains to instil confidence with EU gas stocks holding two-thirds of capacity with just six weeks of winter delivery remaining. Yesterday saw the TTF Front Month…

DAILY MARKET REPORT – 13/02/2024 The bearish sentiment continued in yesterdays session to get the week underway to push contracts to new lows not seen for some time. The latest long-term view of temperatures shows a warm period for the next 10 days or so, before dipping below seasonal normal…