Latest Market Updates

DAILY MARKET REPORT – 13/05/2025An upward start to the week, as Fridays losses were quickly retraced in yesterdays session.This was despite news of direct talks between Russia and Ukraine, at the highest possible level, later this week and the US announcing agreed tariffs with China who set levels on each…

DAILY MARKET REPORT – 12/05/2025A small downward movement to end the week seen in Fridays session, following both up and down days across the earlier sessions.Over the weekend it seems some progress may have been made with in person talks expected between Russia and Ukraine on Thursday. It is not clear…

DAILY MARKET REPORT – 09/05/2025An uptick seen in yesterdays session as the market takes consideration of the phase out of Russian gas in Europe over the coming years and the impact of the flexible gas refilling targets for the upcoming winter.However, it is also rumoured that the US and Russia…

DAILY MARKET REPORT – 08/05/2025A small downward move seen come the end of yesterdays session with markets trying to decipher what impact escalation between India and Pakistan may cause.The European Commissions plans to phase out Russian gas in the coming years was publicly rejected by Slovakia and Hungary, perhaps…

DAILY MARKET REPORT – 07/05/2025A further upwards push seen in yesterdays session as the European Commission confirms its plans to ban all Russian gas in Europe by the end of 2027, including ending spot deals later this year.Plenty of Russian gas still finds its way into Europe and it this…

DAILY MARKET REPORT – 06/05/2025A push upwards to end the week was seen in Fridays session as the price differential between Asia and Europe attracted some LNG cargoes to be diverted away from European destinations in favour of Asia – the result pulling European prices upwards.Over the weekend it was…

DAILY MARKET REPORT – 02/05/2025A fairly quiet session yesterday, unwinding the small uptick from the previous, and price levels holding station overall.With limited news stories, and no change in fundamentals, the market seems comfortable to hold these levels.A small dip in temperatures is expected early next week before remaining close…

DAILY MARKET REPORT – 01/05/2025Welcome along to May.A small uptick seen in yesterdays session, albeit hardly noticeable, as underlying fundamentals remain unchanged and President Trump hasn’t said too much this week to cause a directional move as we’ve seen plenty of in his first 100 days in office.Last night however…

DAILY MARKET REPORT – 30/04/2025A fairly calm day once again seen yesterday as the front month contracts came to a close with a small further loss come the end of the session and today we have a new front month contract quoted.With no change in the underlying fundamentals, eyes will…