Kore Energy

Gas Market: UK wholesale gas prices moved higher as Norwegian supply disruptions tightened prompt fundamentals and lifted day-ahead prices by over 7.00p/th Gas Market: The Troll gas field is expected to undergo maintenance works for the next 7 to 10 days, with the largest capacity outage scheduled for Wednesday and progressively reducing by the 28th of May Gas Market: Front-month Jun-26 gained 3.35p/th to settle at 125.50p/th as further upside emerged late in the session after renewed U.S.-Iran deadline rhetoric Power Market: GB baseload power prices firmed on the near curve as stronger UK gas markets and geopolitical risk premia supported near term sentiment Power Market: EU carbon prices moved lower due to the European Commission’s plan to bring forward 40 million tonnes of allowances into 2026 Oil Market: Oil prices eased as renewed optimism surrounding U.S.-Iran negotiations reduced fears of an immediate escalation in the Middle East conflict Oil Market: Front Month Brent crude settled at $111.28/bbl on Tuesday, down $0.82, while the expiring WTI June contract fell $0.89 to close at $107.77/bbl