Andrew

As oil prices stabilise, and next seasons prospects for gas storage facilities improve, gas and electricity prices are held down. More

On the face of it, markets could still appear to be quite volatile. However, the cliff-face climb we’ve seen over the last few weeks seems to have steadied.  A glut of oil, steady wind production, and good gas stocks have all helped to counteract the shaky currency situation, so we could be seeing the start of a more settled market. More

Recent price increases were halted this week, due to falling oil prices and good supplies of gas. More

Despite some stabilization in the market place for short term deals, confidence has hit longer term markets with prices powering ahead and sending prices back to where they were 12 months ago. More

Only day-ahead gas escaped the relentless pressure of a sinking sterling.  With confidence slipping, the markets move nervously higher. More

As might have been expected, the aftermath of Brexit has resulted in a hefty increase in the forward price for gas and electricity driven by the sterling slump and supply nervousness. More