Latest News

Gas prices react to low LNG send-out

Gas prices were slightly lifted on Wednesday amid lower LNG send-out and a short British gird. The majority of contracts traded within a narrow range of their previous...

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Market softens as wind output helps reduce gas demand

Day ahead gas prices moved down on Tuesday as wind output increased. Contract prices across the curve fell steadily throughout the session and resulted in near-curve...

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Low consuming customers will be hardest hit with new price cap

With Ofgem poised to unveil its new domestic price cap with effect from 1st January 2024, it is feared that the households who consume the least will be hardest hit with...

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Calls for Chancellor to help consumers pay energy bills in Autumn Statement

Mike Thornton, Chief Executive of Energy Saving Trust, has called on the Chancellor to help consumers pay their energy bills in the upcoming Autumn Statement. With...

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Gas prices head up amid quiet LNG schedule

Day ahead gas prices moved up on Monday amid a quiet LNG schedule and a bullish oil market. Prompt contracts posted some of the largest moves of the session with the...

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High energy bills force parents to miss childcare payments

Nearly 14% of parents have missed childcare payments due to soaring energy costs, with 18% of households failing to pay essential bills in the past year, according to a...

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Oil price spike muted by strong LNG supply outlook

Mixed movement was observed on day ahead gas prices on Friday as strong LNG supply seemingly muted a bullish wider energy complex. Plentiful LNG send-out likely reduced...

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Gas prices soften as LNG shipments arrive at UK shores

Day ahead gas prices softened on Thursday amid a positive LNG outlook and a weakening wider energy complex. Prices across the near-curve posted the biggest losses with...

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Household price cap due to increase in January 2024

The price that most households in the UK pay for their electricity and gas is forecast to go up by 5% on 1st January 2024, according to Cornwall Insight. In their final...

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Day ahead gas prices up as wind generation drops

Day ahead gas prices surged 0.23p/kWh above the previous close amid falling wind generation on Wednesday. According to data from National Grid, wind turbine output fell...

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