Latest Market Updates

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…

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…

A bearish end to the week last week, just as temperatures start to fall, which could mean a turn for the week ahead to be expected. On Friday the EU continued its talks on a gas price cap with consideration for a lower value to be used after no agreement…

A fairly level day for the curve, but the prompt (spot) prices continue their upward trend as as the latest temperature forecasts show continued ‘below seasonal normal’ levels to be be expected in the days and weeks ahead. The latest long-term run shows the UK will not see seasonal normal to…

After a bullish start, we saw a turn back to a softer bear market in yesterdays session. Norways Government announced it will expand the Oseberg field which will result in increased exports to Europe, although the results will not be seen until 2026. TotalEnergies announced it was cutting its investment…

Not a great deal of movement to close the week with the curve staying fairly level on Friday. We do however see a rise in spot prices as the cold weather starts to take hold. Friday saw Germany announce its cabinet approve a price brake for its gas and power prices. This…

The bears took the session yesterday after a few days of bull control to give back some discount to the market. However this mornings latest weather runs show a sizeable dip in temperatures to be expected throughout December compared to the run earlier in the week which may have an…

A continued rise in energy markets yesterday across the board. The EU fight over the proposed price cap, with Spain being vocally against the idea citing it will have the opposite effect intended. Germany has the first floating LNG terminal arrive to help it manage the loss of Russian gas…

An uptick in market prices yesterday. Russias Gazprom announced on Telegram Messenger that it will likely reduce gas flows to Ukraine from Monday as it accused them of keeping gas intended for Moldova which it denies. This comes as military strikes on Ukrainian energy infrastructure is described as causing ‘colossal damage’. National…