Kore Energy

Gas Market: Gas prices surged Monday on the Iran-Israel missile exchange, their first since 8 April, before retreating after reports Iran had suspended its attacks Gas Market: The UK gas NBP front month settled up 3.48p, or 3%, at 120.53p/therm, having spiked as much as 5% earlier in the session Gas Market: Prompt prices found additional support from a tighter UK balance, with lower wind and solar lifting gas-fired power demand, pushing day-ahead up 3.35p to 121.5p/therm Power Market: GB Baseload front-month rose £2.30 to £105.4/MWh as gas rallied on Iran-Israel tensions, with further support from reduced nuclear output Power Market: EU carbon stabilised after last week's sell-off, with Dec-26 EUAs settling at €76.95 as prices found support ahead of the EU ETS review in July Oil Market: Oil ended 1.3% higher on Monday as Iran and Israel halted attacks following Trump's appeal Oil Market: Gains were capped by weak demand, with Saudi Arabia cutting Asia prices and Chinese refiners slashing run rates