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  • MARKET INTELLIGENCE
    We continually track and evaluate what is happening in the market and provide concise reports to our risk management clients on a daily basis...
  • CARBON MANAGEMENT
    Managing your exposure to the carbon market is an essential ingredient in energy price risk management...
  • RISK MANAGEMENT
    Kore Energy has developed a proven risk management strategy, focusing on budget protection and cost optimisation...
  • MARKET INTELLIGENCE
    We continually track and evaluate what is happening in the market and provide concise reports to our risk management clients on a daily basis...
  • CARBON MANAGEMENT
    Managing your exposure to the carbon market is an essential ingredient in energy price risk management...

Archived Summaries

Thursday 13 July 2017
Market Close
With gas demand falling below the seasonal norm, the UK gas system enjoyed a positive supply‚Äźdemand balance throughout the trading day yesterday. The coincidence

of a rise in Langeled deliveries and a restriction on exports via the Belgian interconnector left the system in surplus and prompt gas prices fell again as a result. The spot price fell by 1.65p and day ahead by 0.45p but futures contracts moved only marginally higher right along the curve. Overnight losses on the oil market were reversed as crude oil gained for a fourth straight session this week as the IEA predicted higher demand.

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Market Update

  • Thursday 27 July 2017:Crude oil prices moved higher again yesterday as the market saw a drop in U.S. stocks and renewed commitment of major producers to limit output as price supportive

  • Thursday 27 July 2017:Crude oil consolidated recent gains with Brent gaining a further 77 cents to settle at $50.97 a barrel while WTI gained 86 cents to $48.75 on the NYMEX

  • Thursday 27 July 2017:The problem at the Kollsnes processing facility continued to restrict Norwegian supply yesterday with no definite news of a resolution

  • Thursday 27 July 2017:The spot price gained just 0.45p on the day but the day ahead contract was up by 1.45p and the week ahead contract for the first week of August gained 0.80p

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