Daily Energy Market Report Friday 8th March 19. The NTS has opened close-to balance this morning as demand has increased by 7.8mcm day-on day. Imports from the Norwegian continental shelf remain lower due to planned outages Sleipner, Oseberg and Gullfaks facilities and UKCS production is 6mcm lower this morning. To bridge the gap, MR-storage send…Read More
Daily Energy Market Report Thursday 7th March 19. Forecasts this morning are showing warmer revisions and this is starting to eat into remaining cold weather risk remaining in the market. Temperatures are set to deliver above seasonal norms moving into next week, this should bring greater levels of solar generation alas lower wind levels. Day-on…Read More
Daily Energy Market Report Thursday 28th Feb 19. The market opened relatively flat from the close after a bullish end to yesterday. The gas market rallied off the back off a bullish trend in Brent Crude, caused by an unexpected build in Crude oil inventories. The gas market has softened this morning as warmer weather…Read More
Daily Energy Market Report Wednesday 27th Feb 19. Prices at the front of the curve have found marginal support at the open from colder weather run at this morning, however, it’s widely perceived to be transient (if it actually delivers) and there is more than enough supply to cope with any increased demand. The NBP…Read More
That's the prediction made in the latest monthly forecast published by the Energy Information Administration
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