Energy Markets Weekly: Norwegian Tightness and Geopolitical Friction Bolster June Curves

Written By Kevin Lumley

UK and continental energy markets have rebounded significantly this week, with front-month gas surging above 84p/therm. Power prices rose in tandem, with baseload contracts reversing earlier losses as gas-for-power demand increased, despite seasonally mild weather.

Kevin Lumley
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Energy Markets Weekly: Norwegian Outages, Soft Weather, and Political Uncertainty Stir Volatility