Latest Market Updates

DAILY MARKET REPORT – 10/11/2023 Market prices rose yesterday after a couple of quiet sessions, but maintaining a range seen for some time now. The latest long term temperature forecast shows little change, with close to seasonal normal to be expected through to the end of the year. Yesterday saw…

DAILY MARKET REPORT – 09/11/2023 A level day yesterday to keep prices as they were, and continuing to stay within the recent range. Yesterday saw the TTF Front Month contract settle at €45.78 (from €46.06) and the NBP Front Month contract at 116.12p (from 116.57p). No unplanned outage this morning…

DAILY MARKET REPORT – 08/11/2023 A slight uptick to undo much of Mondays session was seen yesterday. Once again we find ourselves trading within a range whilst a direction is sought, but with little to push the market in one direction or the other it just bobbles along a range…

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…