Energy Insight 2020 – Week 19

Your regular snapshot of the wholesale energy markets.

The prompt of the NBP natural gas market bounced upwards last week, whilst sentiment on the remainder of the curve and in the UK wholesale power market remained weak. Despite the gains, prices remained extremely low towards the front of the market, as contracts out until Sep-20 for the NBP continued to trade below their Henry Hub equivalents. The US gas market is usually referred to as the global price floor for gas, with the greatest abundance of supply available there, due to the high amounts of shale gas production…read more

 

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