Latest Market Updates

DAILY MARKET REPORT – 03/08/2023 A mixed session yesterday with the front month rising as we manage through planned (and some unplanned) outages this month on the Norwegian assets which nudged the front month contract up, whilst the curve softened slightly. Yesterday saw the TTF September contract settle at €28.74…

DAILY MARKET REPORT – 02/08/2023 Another soft day to start the week off after an upwards start to the session and keep the price levels rangebound over the past couple of weeks which may continue for a while yet. Yesterday saw the TTF September contract settle at €27.12 (from €28.37)…

DAILY MARKET REPORT – 01/08/2023 Welcome along to August. The year is running by quickly. Yesterday saw the week start with an upward tick as the front month changed over with several large planned outages due this month on the Norwegian assets. Yesterday saw the TTF September contract settle at €28.37…

DAILY MARKET REPORT – 31/07/2023 Markets continued the downward trend to end the week, and the month, as September now becomes the new front month and edging us closer to the upcoming winter delivery contracts. EU gas storage levels now pass the 85% marker, which should continue to provide some…

DAILY MARKET REPORT – 28/07/2023 A continuation of the downward trend was seen yesterday following a couple of bullish sessions earlier in the week as we head towards the final days of trading the August contract. Yesterday saw the TTF August contract settle at €28.43 (from €29.28) and the NBP…

DAILY MARKET REPORT – 27/07/2023 A pullback in yesterdays session to show the downtrend continuing once again, unwinding the previous days gains. The small uptick in recent sessions appears enough to have attracted some LNG interest to the UK and we now expect two cargoes in the coming weeks after…

DAILY MARKET REPORT – 26/07/2023 Concerns around potential Norwegian outages in the weeks ahead and a lack of LNG heading towards Europe continue and have pushed the market upwards in yesterdays session. Yesterday saw the TTF August contract settle at €32.65 (from €30.56) and the NBP August contract at 81.39p…

DAILY MARKET REPORT – 25/07/2023 A rise in the prompt contracts yesterday, but less movement along the curve as we head to the final days of the month ahead contract. The August contract still has some level of fear in relation to potential issues with possible Norwegian outages with little…

DAILY MARKET REPORT – 24/07/2023 A fairly flat session to end the week. Norwegian flows looking strong once again but still subject to unplanned outages as seen quite often recently, which could cause short term concern in the market. Meanwhile storage levels are well into the 80% range now which will…