Kore Energy

Gas Market: An intensifying geopolitical outlook in the Middle East drove UK wholesale gas prices higher on Friday Gas Market: Gains to the prompt were capped on the day as temperatures are forecast above the norm for the next two weeks Gas Market: Workers on seven North Sea oil and gas platforms are to begin a 24-hour strike on Wednesday morning, but it is not expected to impact gas supplies Power Market: GB baseload futures were propped up by gains on the gas curve on Monday while the prompt found support from forecasts for lower wind generation Power Market: Carbon EUAs were buoyed by an early auction and contracts out to Dec-28 settled an average of €0.73/ tonne higher Oil Market: Early losses to crude oil prices due to President Trump easing some Russian sanctions were pared back after reports of Houthi attacks on Saudi energy facilities yesterday Oil Market: Brent for December delivery settled 31 cents lower at $109.55 a barrel, the December contract for WTI closed at $98.54, down 48 cents a barrel