Energy Insight 2020 – Week 2

Your regular snapshot of the wholesale energy markets.

Sentiment was fairly mixed on the NBP natural gas and UK wholesale power markets last week, as a mostly bearish week could not prevent the bullish effect of the USA’s airstrike on Iraq in which an import Iranian army commander was killed. However, on the power market the gains came slightly too late as the surge could not push most contracts higher when looked at on a week-on-week basis. Bearish momentum took grip of the markets at the beginning of the week as the gas transit deal between Russia and Ukraine came into full swing whilst gas supply remained strong in light of weaker demand due to a continuation in mild weather…read more

 

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Gas & Power Market 2020 - Week 2

 

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