James Smith James Smith

Energy Market Update - 04 September 2025

Markets remained range-bound. Higher wind forecasts and steady LNG offset reduced Norwegian flows, while rising carbon lent mild support. Storage near 78% capped upside despite lingering geopolitical risks.

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James Smith James Smith

Energy Market Update - 03 September 2025

Gas and power were steady to slightly firmer as Norwegian maintenance and French nuclear strikes met strong storage and higher UK wind forecasts, keeping overall price moves contained.

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James Smith James Smith

Energy Market Update - 01 September 2025

Gas and power softened as healthy storage and firm LNG offset Norwegian maintenance. Weekend wind depressed spot power, while geopolitics added only a limited risk premium.

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James Smith James Smith

Energy Market Update - 29 August 2025

Energy markets fell further yesterday as European gas and power prices eased, weighed down by the first sanctioned Russian LNG delivery to China, strong renewable output, and ample storage levels.

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James Smith James Smith

Energy Market Update - 28 August 2025

Gas and power softened as storage builds, strong LNG inflows and scheduled Norwegian maintenance signalled ample supply; oil firmed on a US inventory draw while carbon was steady-to-softer.

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James Smith James Smith

Energy Market Update - 27 August 2025

Energy markets eased slightly yesterday, with gas and power contracts edging down amid stable supply, softer fundamentals, and muted trading activity.

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James Smith James Smith

Energy Market Update - 26 August 2025

Energy markets traded sideways this morning, with gas stabilising and power pushing slightly higher. Norwegian maintenance and low renewable generation remain the key drivers, while geopolitical risks persist.

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James Smith James Smith

Energy Market Update - 22 August 2025

Gas and power firmed. Tighter Norwegian flows, thin LNG send-out and a technical rebound supported prices, while Ukrainian infrastructure attacks and shifting French nuclear availability shaped regional risk.

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James Smith James Smith

Energy Market Update - 21 August 2025

Gas and power firmed as lower wind, reduced Norwegian flows and thin LNG send-out tightened near-term balances; injections continued; geopolitics stayed quiet but kept a small risk premium in prices.

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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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