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Latest Market Updates
DAILY MARKET REPORT – 20/11/2024A softer session seen yesterday after hitting peaks in recent days.Colder weather now upon us, especially in the UK where snowfall has even landed in parts, however the latest forecasts suggest this will pass and return close to seasonal normal levels in the coming days.The recent…
Tony Jordan
DAILY MARKET REPORT – 19/11/2024After a soft start to the day, yesterday ended upwards as cold weather landed.As prices has spiked in Europe, this has attracted plenty of LNG cargoes to head in this direction. In the UK we are now expecting 8 cargoes over the coming weeks – the…
Tony Jordan
DAILY MARKET REPORT – 18/11/2024Panic stations everyone! That was the state of the market in the final hours of last week as Gazprom reacted to OMVs intent to take action in recovering the €230m it was awarded.Gazprom declared it would not deliver gas to Austria with immediate effect. The market…
Tony Jordan
As the calculation period for the Price Cap, effective 1st January 2025, has now closed, we take a look at what to expect to be formally announced. As we have advised for some weeks, the wholesale markets have been volatile this period and this will impact the early forecasts of…
Tony Jordan
DAILY MARKET REPORT – 15/11/2024Whilst flows from Russia towards Europe through Ukraine are due to stop at the end of the year, the fear of that gas stopping earlier than planned worried the market considerably yesterday as it pushed to yet new highs.As a result of OMV winning an…
Tony Jordan
