Energy Insight 2018 – Week 20

Your regular snapshot of the wholesale energy markets

At the beginning of last week, a late Brent crude market sell-off eradicated the gains made on the NBP natural gas market. Conflicting reports on Donald Trump’s announcement on the Iran nuclear pushed prices down significantly late into the session.

However, into the middle of the week Brent futures began to soar again, dragging both the NBP gas and UK wholesale power curve upwards. An unplanned outage occurred after the close on Tuesday at the Kollsnes processing plant which curtailed output; however the issue was resolved by Thursday afternoon.

 

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