Kore Energy

Gas Market: UK gas prices came under pressure towards settlement as news of SEFE securing sufficient gas to meet its obligations eased concerns around European storage levels Gas Market: October gas fell 2.5% on Wednesday, while Winter-26 fell to 195.79p/th and Summer-27 settled at 132.68p/th as storage-related risk premium eased Gas Market: The spot market tracked the losses on the near-curve as the day ahead contract shed 8.40p to settle at 190.60p/th Power Market: GB power prices fell across the curve, tracking lower NBP gas prices, while increased renewable generation weighed on prompt and weekend pricing Power Market: Carbon prices continued to decline as lower European gas prices and softer compliance demand weighed on the market Oil Market: Oil prices fell as Saudi Arabia’s ability to redirect crude exports eased concerns over supply disruptions, while weaker-than-expected U.S. inventory draws added pressure Oil Market: Brent crude settled at $105.83/bbl on Wednesday, down $2.92, while the corresponding WTI contract fell $3.40 to close at $102.43/bbl