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    As energy markets become increasingly complex, the vast array of pricing options and contract structures available to large energy users can prove daunting...
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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

Wednesday 13 September 2017
Market Open
UK gas demand has increased ever so slightly day on day and is forecast to come in at 186MCM today. Despite demand remaining well below the seasonal

norm the supply side is lagging behind and there is a small deficit of 3MCM on the system. Some short-range storage facilities are ramping up so we expect the deficit to be short lived. The gas futures market has opened slightly higher this morning although in truth prices have not moved far from last night's closing position. Crude oil markets have built on the gains from yesterday and the Brent contract has added a further 28 cents as it trades at $54.55 a barrel. Further direction will come when the weekly U.S. inventory figures are released later today.

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Market Update

  • Tuesday 19 September 2017:On Monday, Brent crude broke the 5-day rally which saw the global benchmark gain $1.78 a barrel to finish last week at a 5 month high of $55.62

  • Tuesday 19 September 2017:The market could hardly be said to have reversed with the November contracts for Brent and West Texas crudes easing by 14 cents and 9 cents respectively

  • Thursday 21 September 2017:Flows of gas to the UK via the Langeled pipeline resumed on Wednesday as the 24hr maintenance outage at the Easington terminal finished

  • Tuesday 19  September 2017:The sustained supply deficit saw the spot gas price jump by 3.75p to 50.00p while the day ahead price for today was up a penny to 48.00p

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