Latest Market Updates

DAILY MARKET REPORT – 28/08/2024Some further uptick seen in yesterdays session as we look to close out the final days of August with planned maintenance due on several Norwegian assets next month.Yesterday saw the TTF Front Month contract settle at €38.69 (from €37.66) and the NBP Front Month contract at…

DAILY MARKET REPORT – 27/08/2024A slight uptick to end the week seen in Fridays session before an extended weekend thanks to the UK Bank Holiday.Escalations continue to rumble both in the Middle East and on the Ukraine-Russia border in  recent days, which will continue to inject some nervousness into the…

DAILY MARKET REPORT – 23/08/2024Further small downside seen in yesterdays session as the market continues to see little change in developments further afield that have caused concern in recent weeks, allowing some of the risk premium to be removed. It does however retain that underlying nervousness and could still react to…

DAILY MARKET REPORT – 22/08/2024Further downside seen in yesterdays session as the panic injected into markets over recent weeks continues to subside.Warmer temperatures at the end of the month, and into September, are expected alongside those fundamental comforts mentioned in our reports of recent days may help continue the trend…

DAILY MARKET REPORT – 21/08/2024The market took breath yesterday as prices fell after rising and holding for the past few weeks as tensions grew in both the Middle East and on the Ukraine-Russia border.With talks of a ceasefire seeming to make some progress in the Middle East, and no sizeable…

DAILY MARKET REPORT – 20/08/2024A calm start to the week with a fairly flat session seen yesterday.No change to the outlook as EU gas storage levels now touch the 90% level required by November, whilst escalations in the Middle East and on the Ukraine-Russia border continue.It is expected that the…

DAILY MARKET REPORT – 19/08/2024A fairly level end to the week seen in Fridays session.Over the weekend activity continued on the Ukraine-Russia border, close to key energy infrastructure, which will retain some level of concern.Russia have formally complained to Germany and other Western countries about the investigation into the…

DAILY MARKET REPORT – 16/08/2024A slight uptick seen in yesterdays session, unwinding the losses seen from Wednesday.Continued escalations around the Ukraine-Russia border will be injecting some concerns, although they have been around for some time now, but markets will continue to react to any news as it holds an underlying…

DAILY MARKET REPORT – 15/08/2024Another calm session seen yesterday as the market seems to have run out of steam following its upwards rally last week.EU gas stocks are now approaching the key 90% level, which it must reach by the end of October each year.Yesterday saw the TTF Front Month…