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A continuation of the recent upward trend in price levels was seen yesterday as the cold weather starts to take hold and we see some unplanned outages in the Norwegian fleet. Gas storage is now helping the supply side after a strong resistance to use it in the first two…
Tony Jordan
More bullish momentum continues into the market with spot and curve prices rising again in yesterdays session as we move deeper into winter delivery and contracts switch to a new forward month. January remains a focal point of concern when it comes to cold temperatures and potential tightness around the…
Tony Jordan
A continued bearish trend seen in the markets yesterday as the outlook for the coming weeks, in terms of expected temperatures, gave some confidence to the market. Canada has decided to remove the exception that permitted the repaired turbine to be returned to Germany earlier this year as part of…
Tony Jordan
A bearish start to the week despite the cold temperatures which saw spot prices climb but have since calmed. In a constantly changing outlook, the latest long term temperature forecasts now show a quick return to seasonal normal this coming weekend, which might feel like a heatwave after heavy snow…
Tony Jordan
A fairly steady end to the week along the curve after an interesting week of movement in both directions. Whilst the arguments over oil price caps on Russian oil and of course the ongoing split of European countries over the structure of a gas price cap, the focus is very…
Tony Jordan
A bullish start to yesterdays session turned into a bearish end as the market swung in direction throughout the session. No significant change to the long range temperature forecast, which continues to show very cold temperatures for the next ten days or so and staying below seasonal normal until the…
Tony Jordan
Yesterday UK markets showed some upward movement whilst the TTF market remained stable to bearish. Temperatures turn cold(er) today, dipping to seasonal normal, before rising again for the next 10 days or so and the latest long-term forecast shows a cold end of November and start to December to be…
Tony Jordan
A fairly wild day in the market yesterday which saw the market show gains and losses throughout the day as a direction was sought, however the bulls pulled the winning punches to show gains across the board. No major news to drive the market currently but temperatures can now be…
Tony Jordan
After what first appeared to be a very bullish start to the week, the session was rather muted with very small deltas to Fridays close by the end of the day. The Dutch Gate LNG terminal reported operational issues which reduced its send out by 990 MWh/hr yesterday. No updates appeared…
Tony Jordan