Energy Market Update - 02 January 2026
James Smith James Smith

Energy Market Update - 02 January 2026

Cold expected to extend beyond week 1 lifted gas and power into the year end. Moves were modest but broad based, with curves supported by firm carbon and thin liquidity.

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Energy Market Update - 30 December 2025
James Smith James Smith

Energy Market Update - 30 December 2025

Prices firmed as colder revisions and thin wind tightened the prompt, while curves moved within range. Storage cushions remain comfortable and Norwegian flows are steady. LNG schedules add support.

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Energy Market Update - 29 December 2025
James Smith James Smith

Energy Market Update - 29 December 2025

Prices firmed in thin trade as colder forecasts, low wind and geopolitical noise lifted near-curve gas and power. Moves were modest and the broader range held.

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Energy Market Update - 24 December 2025
James Smith James Smith

Energy Market Update - 24 December 2025

Prices edged up as lower wind and firm carbon met steady Norwegian flows. Storage remains a cushion. LNG arrivals are dense. Liquidity is thin into the holidays and ranges held.

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Energy Market Update - 23 December 2025
James Smith James Smith

Energy Market Update - 23 December 2025

Markets eased as milder UK conditions and stronger wind offset a colder continental outlook. Peace headlines trimmed risk. Supply stayed comfortable and carbon firmed, keeping curves broadly range bound.

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Energy Market Update - 22 December 2025
James Smith James Smith

Energy Market Update - 22 December 2025

Markets firmed into Friday and opened steady this morning as cooler late December forecasts and small Norwegian flow dips met healthy LNG arrivals and a solid storage cushion.

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Energy Market Update - 19 December 2025
James Smith James Smith

Energy Market Update - 19 December 2025

Energy markets were steady to firmer into early trade, with prices holding a tight range as solid supply offset seasonal demand risks. Storage is lower than last year yet remains a clear cushion, and LNG schedules into North West Europe look busy. Carbon stays elevated into year end, adding a soft floor to forward power.

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Energy Market Update - 18 December 2025
James Smith James Smith

Energy Market Update - 18 December 2025

Markets held a tight range. Cooler late December forecasts and firmer carbon added a mild premium, while strong Norwegian flows and steady LNG kept gas and power balances comfortable.

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Energy Market Update - 17 December 2025
James Smith James Smith

Energy Market Update - 17 December 2025

Gas and power were steady to slightly firmer early today. Warm, windy near term caps demand, while peace talk headlines and stable Norwegian and LNG flows keep the market range bound.

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Energy Market Update - 16 December 2025
James Smith James Smith

Energy Market Update - 16 December 2025

Prices firmed early on carbon strength and tighter prompt fundamentals before easing on afternoon peace talk headlines. Supply remains comfortable, with robust Norwegian flows and strong LNG cover keeping moves contained.

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Energy Market Update - 15 December 2025
James Smith James Smith

Energy Market Update - 15 December 2025

Prices were steady to slightly firmer into the weekend on weaker wind and cooler late December signals. This morning shows mixed moves as gas softens while power edges up.

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Energy Market Update - 12 December 2025
James Smith James Smith

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.

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Energy Market Update - 11 December 2025
James Smith James Smith

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.

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Energy Market Update - 10 December 2025
James Smith James Smith

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.

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Energy Market Update - 08 December 2025
James Smith James Smith

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.

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Energy Market Update - 05 December 2025
James Smith James Smith

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.

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Energy Market Update - 04 December 2025
James Smith James Smith

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.

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Energy Market Update - 03 December 2025
James Smith James Smith

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.

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