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Prices ease over strong LNG supply and increased wind generation

Gas prices changed direction on Monday as high LNG send out and stronger wind output parried Red Sea supply concerns. Substantial losses were posted across the curve,...

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Prices up as UK cold snap persists

A cold weather outlook and escalating geopolitical tensions lifted gas prices on Friday. Freezing temperatures and increased demand once again served as a prime source...

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Little movement on the wholesale market but could this be the calm before the storm?

Gas prices were relatively unchanged on Thursday. Lateral movement was seen across the curve with all contracts posting losses of less than 0.03p/kWh when compared to...

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2023 sees lowest gas usage in the UK since 2015

Although gas remained a significant source to generate electricity in 2023, its usage hit a low not seen since 2015. Gas remains a significant role as the largest fuel...

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Strong LNG supply counters above average demand

Gas prices were divided on Wednesday as strong LNG supply countered above-average demand. Minimal gains were posted on the prompt while contracts further out continued...

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High storage levels across Europe helps combat the cold snap

High European storage levels and an uptick in renewable energy generation combined to further help gas prices on Tuesday. Contract prices across the curve posted modest...

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Strong supply fundamentals provides confidence as cold snap continues to bite

Despite the current cold snap, wholesale gas prices went down on Monday, helped by strong supply fundamentals. All curve contracts posted losses when compared to their...

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Cold weather continues to pressure wholesale price

Gas prices continued to edge higher on Friday as unseasonably cold weather continues to bite. A combination of cold weather and a bullish oil market dominated with the...

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Unseasonably cold weather drives prices up

Gas prices edged higher on Thursday amid tumbling wind generation and forecasts of unseasonably cold weather. The biggest moves were posted across the prompt and...

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Colder weather and geopolitical tensions drive prices up

Forecasts of cold, calm weather combined with escalating geopolitical tensions combined to increase gas prices on Wednesday. The biggest gains were posted across the...

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