Latest Market Updates

DAILY MARKET REPORT – 13/03/2023 After a bullish end to Thursdays session, Friday rallied further with gains over 20% seen across the board. It was surprising to most participants as no significant news drove the move. Continued French strikes, EDF instructed to inspect many welds at nuclear plants together with rumours of…

DAILY MARKET REPORT – 10/03/2023 Markets showed a mixed session, starting off rather calm before the bulls took hold in the final hours on the back of potential renewed LNG buying interest in Asia. This isn’t helped by further French nuclear issues and personnel strikes in the sector. The EU Energy…

DAILY MARKET REPORT – 09/03/2023 Markets retreated from their previous days gains and showed continued long term confidence despite the short term cold temperatures. The latest temperature forecasts suggest we may see a continuation of lower than seasonal normal levels with a second ‘dip’ around 5 degrees below normal on…

DAILY MARKET REPORT – 08/03/2023 With a short spell of colder temperatures arrive, the markets showed a small upside in yesterdays session, albeit limited. After announcing an Electricity Margin Notice and potentially calling upon the Demand Flexibility Service, both were stood down whilst coal plants remained on standby. Temperatures are…

DAILY MARKET REPORT – 07/03/2023 Markets started the week with an impressive downside being shown as we edge closer towards the end of the winter period and gain more confident in the year ahead. Temperature forecasts show a significant dip to be expected tomorrow (8th March), which has been showing…

DAILY MARKET REPORT – 06/03/2023 Markets ended the week in bearish fashion despite some cold temperatures expected this week. Temperature forecasts show that snow is widely expected early this week in the UK. Colder average temperatures have long been expected for March – reported here many weeks ago – with a…

DAILY MARKET REPORT – 03/03/2023 Markets showed a fairly level day after initially showing some upside early on in the session before retreating back to around where the day started by the close. The latest overnight temperature forecasts show a significant cold snap to be expected on 8th March, with…

DAILY MARKET REPORT – 02/03/2023 Markets showed a slight upside in yesterdays session as traders react to the latest temperature forecasts for the weeks ahead, in which a bit of a cold spell is due early next week. As reported yesterday, this may have an impact on how much gas…

DAILY MARKET REPORT – 01/03/2023 A continued bearish session yesterday to start the new front month contract yesterday. The International Energy Agency (IEA) yesterday said that gas markets could remain tight and potentially increase later in the year as Asian buying interest in LNG may increase. China have been suffering from a…