Latest Market Updates

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…

DAILY MARKET REPORT – 26/10/2023 Another fairly flat session with not much movement across the curve. This has been the case of many sessions of late as the market seems to hold within an envelope of close range without any underlying reason to push in either direction. Yesterday saw the…

DAILY MARKET REPORT – 25/10/2023 A slow start to the day but a bearish session come the end. An anchor was found near to the damaged area of the Balticonnector pipeline and Finland have stated they believe this to belongs to a Chinese registered vessel in the area at the…

DAILY MARKET REPORT – 24/10/2023 A flat end to the first session of the week after showing some bearish promise at the start of the day. EU gas storage levels continue to squeeze towards 100%. The latest long term weather runs show a seasonal normal end to October before dipping…

DAILY MARKET REPORT – 23/10/2023 Another relatively flat session to end the week on Friday, with a slight uptick on the front month contracts. Friday saw the TTF Front Month contract settle at €51.11 (from €50.17) and the NBP Front Month contract at 126.19p (from 123.63p). No unplanned outage this…

DAILY MARKET REPORT – 20/10/2023 A fairly flat session in the end yesterday as we still see strong supply levels with an undertone of fear around global events keeping the market on edge. The latest long term weather runs show temperatures just below seasonal normal throughout November. Yesterday saw the…

DAILY MARKET REPORT – 19/10/2023 Another bullish session seen yesterday as tensions continue to mount in the Middle East. Yesterday saw the TTF Front Month contract settle at €50.83 (from €48.90) and the NBP Front Month contract at 125.83p (from 122.03p). Asgard on unplanned outage this morning and we see…