Energy Insight 2018 – Week 7

Your regular snapshot of the wholesale energy markets

Gas prices endured a volatile week of trading in Week 6. The week began with strong losses during Monday’s session with prices rallying on Tuesday as higher demand was forecast. Conflicting sentiment surrounding weather conditions was a key driver behind the volatile gas and power markets, with traders divided on whether colder than average temperatures would occur during the second half of February, or if it will be milder. The lack of clarity in the forecasts drove prices in diverging patterns session on session, with markets typically higher one day before falling the following day.

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