Latest Market Updates

DAILY MARKET REPORT – 18/06/2025A bullish session seen yesterday as QatarEnergy told LNG tankers to hold back from directly docking in the region as tensions escalate in the Middle East. This put some potential upward concern around flow levels.It is believed that Irans oil output is already down on what…

DAILY MARKET REPORT – 17/06/2025A mixed session seen yesterday with the immediate and early reaction to head upwards in response to the escalations in the Middle East over the weekend.However during the afternoon rumours circulated that Iran was willing to negotiate to end the conflict which cooled the market reaction…

DAILY MARKET REPORT – 16/06/2025Markets have been showing some levels of concern with the escalation of attacks in the Middle East in recent days.Both Iran and Israel both attacking each others infrastructure over the weekend, causing oil and gas terminals to either stop or suspend activities caused by damage or…

DAILY MARKET REPORT – 13/06/2025A further small upward movement seen in yesterdays session as the French nuclear issues retained concerns in the market.Wind generation is expected to fall, after a strong day on Thursday, and remain relatively low for the remainder of the month – pushing a bit more on…

DAILY MARKET REPORT – 12/06/2025An upwards push seen in yesterdays session, retracing much of the downwards movement seen in recent sessions.Japans JERA Co., Inc. has secured a series of 20 year deals to buy more US LNG, taking its mix from around 10% to 30%. This will reduce the amount…

DAILY MARKET REPORT – 11/06/2025A further downward movement seen yesterday as Germanys SEFE Securing Energy for Europe GmbH announced a 10 year deal with Azerbaijans State Oil Company of the Republic of Azerbaijan (SOCAR) to import 15 TWh of gas per year, starting later this year, which will…

DAILY MARKET REPORT – 10/06/2025A downward start to the week after markets were showing some small gains throughout last week.With gas stocks now over 50%, and potentially some weaker demand in Asia, some confidence was seen in yesterdays session to limit gains and show some softening.A windier day later this…

DAILY MARKET REPORT – 09/06/2025A muted session on Friday to end the week, ending flat overall compared to the previous day.Energy demand in Asia being lower following a monsoon allows a little more flexibility on spot LNG heading towards Europe.That will be helpful as this month sees lots of Norwegian…

DAILY MARKET REPORT – 06/06/2025An upward session seen yesterday as the impact of lower Norwegian output remains the key focus this month.Combined with lower wind generation expected for the coming weeks, this may keep the market tight for the time being.Centrica renewed its 10-year deal with Equinor to…