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DAILY MARKET REPORT – 06/03/2024 Another upward session seen yesterday as we bounce off the lows seen in late February. No sudden change to the overall outlook with healthy gas storage levels, slightly colder than seasonal normal temperatures forecast for the coming weeks and low levels of LNG arrivals in…
Tony Jordan
DAILY MARKET REPORT – 05/03/2024 A nervous market on display yesterday as the morning session showed strong downside before news of a ship attack in the Red Sea area in the early afternoon saw markets react violently with a 10% increase to near term products before retreating late in the…
Tony Jordan
DAILY MARKET REPORT – 04/03/2024 An upward session to end the week, undoing the fall seen on Thursday which in itself was undoing the gains seen in Wednesdays session. We’re now in the final delivery month of winter delivery and EU gas storage has held impressive levels, very similar to…
Tony Jordan
DAILY MARKET REPORT – 01/03/2024 Welcome along to March! A downward movement seen across the board yesterday as these current levels are tested, as we described yesterday, and we could see this for a few sessions yet. The latest long term temperature outlooks are unchanged with a cold start to…
Tony Jordan
DAILY MARKET REPORT – 29/02/2024 More upward movement in yesterdays session as we bounce away from those low levels set last week. However that’s not to say we’re just on the way up. Looking forwards we still have an impressive storage count, heading quickly out of winter delivery with new front…
Tony Jordan
DAILY MARKET REPORT – 28/02/2024 A further bit of upside seen in yesterdays session as the market looks to bounce when testing those prices levels seen last week as we approach the month end and enter the final month of ‘winter’ delivery. Yesterday saw the TTF Front Month contract settle…
Tony Jordan
DAILY MARKET REPORT – 27/02/2024 A bounce seen in yesterdays session to kick the week off – likely in response to the market enjoying a series of bearish sessions pushing to long term low points – and resistance being tested. Yesterday we launched our new YouTube channel with our initial video…
Tony Jordan
Today Auxilione launch a new YouTube channel.We start with a series of videos aimed at looking at the Ofgem Price Cap.It’s been a topical subject in recent years, highly discussed throughout 2022 and 2023 with its staggering rises, but also more…
Tony Jordan
DAILY MARKET REPORT – 26/02/2024 Some small further downside seen to end the week as we edge closer towards the end of the winter delivery period with impressive levels of storage still being held and a temperature outlook that remains relatively close to seasonal normal. Later today we will launch…
Tony Jordan