Latest Market Updates

DAILY MARKET REPORT – 13/10/2023 A bullish session seen on Thursday, despite underlying supply fundamentals looking healthy, as the market considers the fear of further infrastructure attacks. Alongside some colder weather for the coming days, attacks on Nord Stream AG last September and more recently a potentially similar fate for the…

DAILY MARKET REPORT – 12/10/2023 A bearish session seen yesterday, unwinding much of the previous session, despite comments around the damaged gas pipeline between Finland and Estonia, both NATO members, being suggested as deliberate which may attract a determined response if found to be the case. Whilst investigations are ongoing, it…

DAILY MARKET REPORT – 11/10/2023 A very bullish session yesterday as the pipeline between Finland and Estonia, which reported a leak over the weekend, turned into a potential ‘whodunnit 2’, almost exactly a year after the Nord Stream AG attacks, as speculation mounted this was an intentional attack on energy and…

DAILY MARKET REPORT – 10/10/2023 The week started with a continuation of the bullish sentiment as nerves remain around several negative factors. Conflict in Gaza, to which some gas and oil infrastructure is near, has injected some new fear into the markets. This is coupled with the ongoing situation in Australia…

DAILY MARKET REPORT – 09/10/2023 A bullish end to the week as we see risk of further strike action once again in Australia being discussed at Chevron LNG sites. Markets therefore continuing to hold in its usual range seen of late. Friday saw the TTF Front Month contract settle at €38.23…

DAILY MARKET REPORT – 06/10/2023 A reversal (once again) of the previous days session yesterday as markets showed a bearish side, continuing to maintain the overall sideways trend for now. On other side of the world, after we thought all was sorted, Chevron workers once again are discussing a possible return…

DAILY MARKET REPORT – 05/10/2023 A slight uptick in yesterdays session, as we once again find ourselves in an envelope of comfort within a price range. With no real change to push in either direction, markets tend to hold in a range with sessions either holding steady or unwinding a…

DAILY MARKET REPORT – 04/10/2023 A continuation of the bearish trend seen in yesterdays session as the fundamentals maintain strength. EU Gas storage tops 96% and continues to grow together with stable Norwegian flows are underpinning confidence for the time being. Weather-wise, we continue to expect a warm few days to…

DAILY MARKET REPORT – 03/10/2023 Monday saw a bearish start to the week, and October, as everything continues to hold a settled status … for the time being. Yesterday saw the TTF Front Month contract settle at 39.34 (from €41.86) and the NBP Front Month contract at 98.36p (from 105.40p).