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High wind conditions helps reduce wholesale prices

High wind output and steady Norwegian imports combined to reduce gas price on Wednesday. Bearish sentiment was most pronounced at the front-end, with the August 24...

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Prices up amid potential LNG supply disruption

Gas price recouped some strength on Tuesday, as European gas hubs eyed potential disruption to LNG infrastructure on the US East Coast. Bullish sentiment was more...

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Gas prices retrace previous days increases

Gas price retraced at the NBP on Monday, erasing increases made earlier in the session. The biggest losses were observed at the front end, after a late afternoon...

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Gas prices wrestle for clear direction

Gas price wrestled for a clear direction on Friday as higher wind and improved LNG supply contended with prolonged British maintenance and a shifting demand...

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Gas prices edge higher within narrow range

Gas price edged higher on Thursday, as NBP contracts ebbed and flowed within a narrow range. This time the biggest moves were posted further out, as near-curve contracts...

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Subdued demand eases pressure on gas prices

Subdued gas demand combined with above-average storage levels helped to ease pressure on gas price levels on Wednesday. A well balanced supply and demand outlook for the...

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Opus Energy sell SME customer portfolio to EDF Energy

Opus Energy have today (26/06/2024) announced the sale of their small and medium sized portfolio to EDF Energy. Although we don’t currently know how many of Opus...

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Gas prices continue upwards trajectory

Gas prices continued their upward trajectory on Tuesday, driven by poor wind output and lingering capacity restrictions in the UK and Norway. The biggest moves were once...

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Capacity restrictions feed into markets and push prices higher

Gas prices edged higher on Monday as upstream capacity restrictions fed into bullish sentiment. Small, incremental gains were posted primarily at the front-end, with the...

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Gas prices dip amid high storage levels

Gas prices dipped on Friday, with high storage levels and bearish carbon futures combining to ease the situation. Modest losses of no more than 1p/therm (0.03p/kWh) were...

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