Energy Insight 2019 – Week 35

Your regular snapshot of the wholesale energy markets.

Markets continued to tumble last week, as weakness in the wider energy complex applied to pressure to contracts across the whole curve. EUA carbon allowances fell below the €25/tCO2e mark last week, signifying what could be a reversal in the strong bullish sentiment we have observed in recent weeks. However, trading for the allowance is expected to continue to remain somewhat volatile with the heavy influence Brexit continues to play on the market. Crude oil futures also remained similarly volatile last week, with escalations in the US-China trade war pushing the value for the commodity down at the end of the week, as news emerged that China will be imposing further tariffs on US goods…read more

 

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Gas & Power Market 2019 - Week 35

 

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