Energy Market Update - 12 December 2025
Markets firmed as carbon rallied and cooler, lower wind conditions lifted gas and power. Storage and Norwegian flows remain supportive, while Ukraine headlines curbed optimism.
Energy Market Update - 11 December 2025
Gas and power eased despite brief intraday firmness. Warm weather and steady inflows kept balances comfortable, with only short pockets of tighter prompt pricing on wind dips.
Energy Market Update - 10 December 2025
Gas and power nudged higher. Cooler revisions, thin UK LNG send out and firm demand lifted near-curve gas. Power followed. Stocks remain comfortable. Oil softened. Carbon steadied. Volatility stayed intraday.
Energy Market Update - 09 December 2025
Gas and power eased after an early spike as mild weather, healthy supply and firmer wind capped demand. Carbon held firm. Oil slipped.
Energy Market Update - 08 December 2025
Gas and power firmed slightly. Supply is comfortable, though a cooler tilt into late December and choppy renewables kept near-curve support intact. Trading stayed within recent ranges.
Energy Market Update - 05 December 2025
Gas and power drifted lower as warmer forecasts, improving Norwegian flows and a busy LNG slate outweighed a brief UK system shortness. Curves softened. Prompt volatility stayed contained.
Energy Market Update - 04 December 2025
Gas eased on a warmer outlook for next week and steady supply. Power was softer at the prompt. UK carbon rose, narrowing the UKA - EUA spread. Storage levels remain comfortable and wind is supportive.
Energy Market Update - 03 December 2025
Markets eased on Tuesday as near-curve gas fell and sentiment at the NBP turned more bearish. Prices slipped despite fresh geopolitical risk from stalled Russia-Ukraine talks.
Energy Market Update - 02 December 2025
Prices eased again as mild weather and firm supply capped risk. Front month TTF hovered near recent lows while UK contracts tracked softer. Wind dips mid week but remains near norm. LNG stays supportive.
Energy Market Update - 01 December 2025
Gas eased while power firmed as the UK system opened long on stronger LNG and Norwegian flows. Storage is comfortable and wind slightly above norms. Oil ticked up on OPEC+ signals.
Energy Market Update - 28 November 2025
After a soft week, markets steadied. A brief early uptick met warmer, windier forecasts and firm supply, keeping the prompt contained and the curve within its recent range.
Energy Market Update - 27 November 2025
Gas and power slipped as forecasts turned milder and windier into early December. EU carbon eased from a near two week high. Storage remains comfortable near 78 per cent.
Energy Market Update - 26 November 2025
Gas softened as warmer European outlooks and firm supply met range-bound demand. Power eased at the prompt. Carbon rose despite weaker gas. Markets stayed orderly and wind led.
Energy Market Update - 25 November 2025
Prices eased after Monday’s sell off then steadied this morning. Peace headlines, softer demand and firm supply framed the move. Short-term wind is choppy, with improvements flagged later this week.
Energy Market Update - 24 November 2025
Gas and power opened slightly firmer. Colder weather is lifting demand, but stronger Norwegian flows, healthy LNG and peace talks kept balances comfortable. Prompt remains volatile while curves hold within recent ranges.
Energy Market Update - 21 November 2025
Gas and power opened firmer after Thursday’s drop. Cold weather persists, but strong Norwegian nominations and active LNG scheduling keep the system balanced. Volatility remains prompt and wind led.
Energy Market Update - 20 November 2025
Gas eased on stronger Norwegian flows and peace-talk headlines. Power rose on weaker wind and cooler conditions. Storage and LNG remained strong, which kept moves contained and curves within range.
Energy Market Update - 19 November 2025
Tuesday’s colder revisions and weaker renewables lifted gas and power. Early Wednesday saw a modest pullback as supply steadied, but the near curve remains supported by below-normal wind and a cooler outlook.
Energy Market Update - 18 November 2025
Gas and power ticked higher as the first cold snap approached. Forecasts show Europe 3 - 6°C below average from Thursday before normalising next week. EUAs eased again. Storage withdrawals slowed.
Energy Market Update - 17 November 2025
Gas and power firmed as a cold spell deepened while wind eased. Storage stays comfortable and Norwegian nominations are steady, keeping curves contained despite stronger prompt.