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Tim

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    Tim

    Last week temperatures stayed above seasonal norms reducing the demand for gas which brought prices down with supply levels remaining strong. This improvement in gas prices, combined with above average wind generation, supported a similar drop in electricity prices. More
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    Tim

    Gas prices declined significantly again last week due to continued healthy supply levels. With temperatures across the country remaining very mild for this time of year, and with the forecast set to stay that way for the rest of the month, gas demand remains low. More
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    Tim

    Gas prices dropped further last week due to milder than forecast weather, which reduced demand for gas. Initially electricity prices did come down in line with the gas market. However, due to the decline in wind generation towards the end of the week, electricity prices rose. More
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    Tim

    Gas prices saw a massive drop this week, due to cold weather forecasts being revised, with temperatures returning to milder seasonal norms by the end of the month. On top of this, a healthy amount of liquid natural gas is due to dock this month which has caused prices to drop further. More
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    Tim

    Temperatures being above their seasonal norm and a drop in Brent Oil prices caused the gas prices to fall further last week. Three Liquefied Natural Gas tankers arrived in the UK, creating a healthy supply to the system with another five due throughout November. More
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    Tim

    Overall, the market was fairly volatile last week due to disagreements between Saudi Arabia and the US and also further Brexit concerns. We saw a reduction in oil and carbon prices, which caused electricity prices to fall to the lowest price we’ve seen for two months. More

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