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Jon

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    Jon

    Both carbon & oil prices saw significant increases over the past week mainly due to falling assumed demands, US-China trade tensions and a poor European economic forecast. Cooler weather forecasts have caused a slight increase to both gas & electricity prices. More
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    Jon

    The wider energy market continued to be the main driver again with strong losses for Brent Crude Oil weighing in, as well as carbon having tight supply demands due to a shortage of allowance auctions. It is expected that these wider energy issues will continue to drive the gas and electricity prices and with the trade war between the US and China continuing, the Brent Crude Oil market may continue to face volatility. More
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    Jon

    Last week both gas and power prices increased significantly causing many suppliers to pull their prices. Due to the continued outages at the Norwegian gas processing plant, Nyhamna, gas prices increased last week due to the shortages it created in the UK. More
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    Jon

    Record Liquified Natural Gas deliveries have softened the gas market and therefore gas prices were down by 5.5% last week. The healthy gas storage also resulted in a looser supply demand outlook for June. Oil costs also fell due to the trade wars between the US and Mexico/China. More
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    Jon

    Electricity prices have reduced this week due to the market taking direction from gas, system oversupply and warmer temperatures outweighing lower wind power generation forecasts. Reductions in trading prices to both coal and carbon have also influenced price reductions. More
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    Jon

    Short-term pricing has remained flat with prices being influenced by the gas and carbon market as both oil and carbon prices fell on Friday. Brexit has been one of the major factors in driving prices up in the past few months. However, carbon prices could reduce further next week due to the speculation regarding Brexit subsiding for the time being. More

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