Energy Insight 2019 – Week 22

Your regular snapshot of the wholesale energy markets.

Sentiment was mixed across the curve last week as continued oversupply and bullish European carbon allowances contested to provide direction to both the NBP natural gas and UK wholesale power markets. Strong supply along with lower than usual demand helped to pressure the prompt and near curve however, despite a substantial drop in the price of Brent crude oil; European carbon allowances managed to provide the far curve with the impetus to rise week-on-week…read more

 

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Gas & Power Market 2019 - Week 22

 

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