Monday 14th October 2019
The start of October saw the bearishness of late September continue, with further falls in Annuals as the expectation of French nuclear shutdowns receded. There was also good value in short-term gas and power markets with day-ahead power dropping to its lowest level since Christmas Eve 2015 (Christmas Day having the lowest daily demand). Short-term power benefitted from lots of ...
Friday 4th October 2019
There has been a dramatic turnaround in energy prices since the last Market View was issued. Both gas and power have seen prices fall back from the spikes that followed the EDF announcement about their nuclear power stations and the Saudi drone attack. However, prices are not back to where they were at the start of September.
Wednesday 18th September 2019
It has been a dramatic few days across energy markets, with the pretty steep reductions of August entirely wiped out on a single day – 9th September. Further increases followed the drone attacks on Saudi oil facilities over the weekend that effectively stopped 5% of global crude output.
Friday 13th September 2019