Energy Insight 2018 - Week 26

Your regular snapshot of the wholesale energy markets.

Throughout last week, sentiment on the Brent crude oil market was a key driver for the gas and power markets. At the start of the week, prices in the utilities markets surged with the price of Brent crude, coal and carbon all rising along with a fall in the value of the Pound. In addition to all of this, issues with a nuclear plant significantly affecting capacity in Belgium added further bullish sentiment to the markets. As we moved through the week, lower demand and a long system pushed down prices, with products further out on the curve feeling the pressure from a decrease in Brent crude futures and lower carbon prices…

 

 

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