Energy Market Update - 17 October 2025
Gas and power rose as UK interconnector limits, firmer carbon and French LNG strikes lifted risk, despite mild weather and healthy European stocks.
Energy Market Update - 16 October 2025
Gas eased while power firmed on parts of the curve. The mix was driven by lower interconnector capacity, a small lift in UK carbon, and steady Norwegian supply against mild weather.
Energy Market Update - 15 October 2025
Gas and power firmed yesterday on weaker wind and cooler temperatures, but gains were modest. Comfortable storage, improving Norwegian exports and a busy LNG slate continue to cap upside.
Energy Market Update - 14 October 2025
Markets stayed range-bound. Gas softened after tariff headlines, then steadied as LNG and Norwegian flows improved. UK power lagged gas, with firmer sparks keeping the curve supported despite mild weather.
Energy Market Update - 13 October 2025
Gas and power are steady to softer this morning. Storage is high, Norwegian supply is improving, and weather is near seasonal. Ukraine headlines and weak wind add only brief support.
Energy Market Update - 10 October 2025
Gas softened while UK day-ahead power rose. Comfortable storage and improving Norwegian flows anchored the curve, with prompt swings mainly driven by wind and short-lived operational headlines.
Energy Market Update - 09 October 2025
Prompt gas and power eased as wind recovered and supply lengthened. Curves drifted lower with storage near 83% and Norwegian nominations steady in the low 300s mcm per day.
Energy Market Update - 08 October 2025
Prompt gas and power firmed as lower wind and Ukraine risk lifted near-term demand. Storage is strong and Norwegian flows are improving, which kept moves contained.
Energy Market Update - 07 October 2025
Gas and power firmed as lower wind and Ukraine risk lifted the prompt. Storage near 83% and rising Norwegian flows limited gains. Volatility looks headline driven, with wind improving later.
Energy Market Update - 06 October 2025
Gas and power softened as high weekend wind met improving Norwegian flows. Storage stayed strong. Prices held within recent ranges despite choppy headlines.
Energy Market Update - 03 October 2025
Spot gas and power fell on system oversupply and rising wind. Forward prices were steady to slightly higher as supply risk faded and storage stayed strong.
Energy Market Update - 02 October 2025
Gas and power slipped at winter’s start as strong storage, improving Norwegian flows and a firmer wind outlook kept balances comfortable. Prices stayed within recent ranges.
Energy Market Update - 01 October 2025
Gas and power softened at winter’s start as healthy storage, easing Norwegian maintenance and seasonal weather kept the balance comfortable; brief NCS hiccups and UK interconnector works nudged intraday sentiment.
Energy Market Update - 30 September 2025
Front-month gas and power ticked up into Monday’s close but the range held. Storage above 82% and stronger Norwegian flows offset interconnector works; a wind rebuild should cap prompt prices.
Energy Market Update - 29 September 2025
Gas and power stayed range-bound. Storage near 82%, improving Norwegian exports and variable wind set the tone, while geopolitics added only a thin risk premium.
Energy Market Update - 26 September 2025
Gas and power nudged higher as French LNG strikes and patchy Norwegian outages added risk, though robust storage and seasonal weather capped the upside.
Energy Market Update - 25 September 2025
Gas and power slipped back within recent ranges. Storage near 82% and improving Norwegian nominations outweighed patchy outages, while prompt power eased as wind recovered. Oil firmed; carbon softened.
Energy Market Update - 24 September 2025
Gas and power nudged higher, supported by patchy Norwegian flows and political noise, but storage near 82% and warmer late-September forecasts kept gains contained.
Energy Market Update - 23 September 2025
Gas and power eased as comfortable storage, improving Norwegian flows and variable wind dominated; sanctions noise around Russian LNG drew little reaction, with weather broadly seasonal after a brief cool spell.
Energy Market Update - 22 September 2025
Gas and power eased after mid-week gains as storage topped 80% and Norwegian nominations improved; sanctions headlines and a short, cooler spell offered only limited near-curve support.