James Smith James Smith

Energy Market Update - 20 August 2025

Gas and power were rangebound. Slightly cooler forecasts, lower wind and steady Norwegian flows nudged UK gas-for-power demand higher, while geopolitics around mooted Russia-Ukraine talks kept a mild risk premium.

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James Smith James Smith

Energy Market Update - 19 August 2025

Gas and power nudged higher after early weakness, supported by geopolitics and looming Norwegian maintenance. Storage progress and steady LNG tempered gains. Oil, coal and carbon firmed slightly.

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James Smith James Smith

Energy Market Update - 18 August 2025

Gas and power were softer into the weekend on cooler weather and ample supply; early trading today is steadier, with modest upside on the curve amid light liquidity.

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James Smith James Smith

Energy Market Update – 13 August 2025

Gas and power were steady to slightly firmer this morning, with tight wind forecasts and French nuclear constraints offset by improving Norwegian flows and stable LNG send-out.

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James Smith James Smith

Energy Market Update – 12 August 2025

Gas and power nudged higher as Norwegian outages and weaker wind tightened near-term balances. Rising European storage and steady LNG flows capped gains; oil was broadly steady while carbon softened.

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James Smith James Smith

Energy Market Update – 11 August 2025

Gas and power were mixed in a quiet session. Gas steadied on firm supply and storage progress, while power was pulled lower by strong wind before rebounding on weaker renewables forecasts and French nuclear risks.

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James Smith James Smith

Energy Market Update – 08 August 2025

Markets drifted lower overall, with gas and power pressured by firm Norwegian supply and steady LNG, though geopolitics and an expected dip in wind output kept risk premia in play.

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James Smith James Smith

Energy Market Update – 07 August 2025

Gas and power prices dropped across the board yesterday as healthy supply and subdued demand weighed on the market. Oil and carbon also continued their recent downward trend.

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James Smith James Smith

Energy Market Update – 06 August 2025

Markets were largely stable on Tuesday with minimal directional change. Sentiment remained neutral as traders monitored storage developments and modest supply adjustments.

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James Smith James Smith

Energy Market Update – 05 August 2025

Markets saw a mixed day on Monday with gas prices firming slightly on supply issues and Asian LNG demand, while power prices dropped to multi-month lows due to elevated wind generation. Commodities were broadly softer.

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James Smith James Smith

Energy Market Update – 04 August 2025

Energy prices fell on Monday as strong renewables output and bearish commodity sentiment weighed on the market. Gas and power contracts declined amid healthy supply, while oil and carbon extended losses.

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James Smith James Smith

Energy Market Update – 01 August 2025

Energy prices softened on Thursday, with gas and power contracts slipping on improved supply outlook, lower demand, and expectations of stronger renewable output. Oil and carbon markets also edged lower.

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James Smith James Smith

Energy Market Update – 31 July 2025

Gas and power prices saw modest upward movement, driven by firm LNG demand in Asia, reduced Norwegian flows, and tight UK power generation. Market focus turned to September contracts ahead of August expiry.

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James Smith James Smith

Energy Market Update – 30 July 2025

Energy prices moved higher across gas, power, and commodities amid continued geopolitical risks, cooler weather, and tighter market fundamentals. LNG arrivals remained strong, and low wind output sustained gas-for-power demand.

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James Smith James Smith

Energy Market Update – 29 July 2025

Gas and power markets edged higher on Monday, supported by geopolitical developments and macroeconomic optimism following a new US-EU trade agreement. Cooler weather and lower renewables also added support.

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James Smith James Smith

Energy Market Update – 28 July 2025

Gas and power markets saw mild increases at the start of the week, supported by lower temperatures, steady LNG sendout, and reduced renewable generation. Commodity markets were mixed, with oil slipping and carbon firming.

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James Smith James Smith

Energy Market Update – 25 July 2025

Energy markets were steady on Thursday, with gas prices holding in a narrow range due to balanced supply and demand, while UK power was shaped by continued high gas generation. Carbon and oil prices moved slightly, while trade developments influenced sentiment.

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James Smith James Smith

Energy Market Update – 24 July 2025

Gas prices ticked higher in early trading on Thursday amid lower temperatures and stronger Norwegian flows, while UK power remained broadly stable despite lower demand and rising solar forecasts. Carbon edged up, but oil and coal softened.

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