Daily Energy Market Report 14th August 19

Daily Energy Market Report 14th August 19   Soft open on the NBP prompt this morning off the back of a long system, improving temperatures and a pickup in wind generation. The back of the curve remains supported with Brent seeing 3% gains yesterday because of the US delaying imposing a 10% tariff on some…
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Daily Energy Market Report Monday 12th August 19

Daily Energy Market Report Monday 12th August 19   Strong open on the prompt this morning with a short system off the back of planned maintenance and cooler weather. The back of the curve also saw gains with the back following the front. The system is 10.4mcm short with both Langeled and UKCS nominating below…
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Daily Energy Market Report Wednesday 20th March 2019

Daily Energy Market Report Wednesday 20th March 2019. The DA contract continued to lose value on Tuesday, despite the UK system spending most of the day undersupplied. UK demand is set to fall today and over the coming days as temperatures climb back above seasonal average with LNG cargoes set to arrive early next week.…
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Daily Energy Market Report Friday 11th Jan 19

Daily Energy Market Report Friday 11th Jan 19. The UK market has seen some significant gains at the front of the curve this morning as colder weather forecasts and announcements of maintenance has buoyed the market. Total demand for the UK on Friday is at 313.4mcm, remaining 24mcm above norm for this time of year.…
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Daily Energy Market Report Wednesday 5th Dec 18

Daily Energy Market Report Wednesday 5th Dec 18. 31mcm of unplanned outages on the NCS is contributing to a short system at the NBP providing support to the Prompt and marginally into the Front – month, this is compounded by demand rising 26mcm above seasonal normal; however forecasted supply for the month remains healthy from…
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Daily Energy Market Report Monday 22nd Oct 18

Daily Energy Market Report Monday 22nd Oct 18   The NBP opened 10mcm long this morning, with forecast demand at 197mcm. Upon opening, the system was supplied at 205.8 and the UK has remained long throughout the morning session. Flows from Langeled remain strong at 72mcm, St Fergus has lifted by 4mcm to 25mcm and…
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Daily Energy Market Report Friday 19th Oct 18

Daily Energy Market Report Friday 19th Oct 18   Firm open at the Prompt and Near – curve as the market seems to be in agreement for colder weather en-route to Europe. Coal and EUA’s have ticked up supporting curve prices (gas and coal are competing fuels in the stack), but this is being slightly…
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Daily Energy Market Report Wed 10th Oct 18

Daily Energy Market Report Wed 10th Oct 18   A short open to the NBP today with high MRS injections, coupled with an unplanned outage on the Norwegian continental shelf has reduced imports via the SEGAL pipeline by 18mcm vs yesterday’s levels. Despite these bullish drivers, the prompt has had a weak open with the…
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