Latest Market Updates

An aggressively bearish start to the week to give us new lows not seen in some considerable time across the board. It seems the lack of cold weather in the long term forecasts, supported by a string of LNG cargoes expected in the coming weeks and EU storage levels still…

A fairly level day yesterday, starting with a small increase showing on the month ahead TTF contract at the open before discounting later in the session. A small loss at the end of the day to the previous session. The latest weather runs show the current cold spell ends in the…

Markets have enjoyed a break of their own in recent weeks with a much softer start to the year thanks to warmer weather helping gas stocks to stay strong as we enter the second half of winter. We’ve also been busy putting together a new brand identity (as you’ll see…

Markets closed the week in bearish mode as the queue of LNG tankers heading towards Europe continue to stay strong alongside healthy gas storage across Europe. Temperatures early this week will drop for a few days, which have been expected for a good few days, before returning to seasonal normal. The…

Markets regained the losses from Friday in yesterdays session to start the week off in bullish fashion. The latest long-term weather shows a dip in temperatures to be expected later this week before returning to seasonal normal until late February. Again no ‘cold snap’ seems to be expected which will likely…

Markets enjoyed another bearish session yesterday wiping out the gains seen in the previous session to put us back very closely to Mondays close. On Friday ACER, the EU energy regulator, will start to publish its LNG price index which forms part of the European plan to separate LNG prices…

Tony Jordan, of energy consultancy Auxilione, warned that wholesale prices could still potentially shoot up again in the coming months because of disruption, for instance if demand for liquefied natural gas (LNG) spikes from China or if there are more cold snaps.  He said refilling European gas storage tanks without…

Markets have been rather buoyant this week, holding steady with relatively small up/down movements each day. Yesterday the IFA1 power interconnector with France suffered a morning outage and a second one late afternoon. Meanwhile Russia have voiced concern over Swedens lack of engagement with them over the investigation into the …

A relatively muted day in the market yesterday whilst the EU met to have further discussions on a potential price cap. Probably as expected it ended yet again without agreement and further talks are expected to take place next Monday. Yesterday saw the TTF January contract settle at €137.53 (from…