Kore Energy

Gas Market: NBP futures hit four-year highs yesterday after reports of Houthi rebels taking the port city of Mocha just north of the Bab el-Mandeb Strait in the Red Sea Gas Market: Competition for U.S. LNG exports maybe on the rise as demand for LNG in Asia was higher than expected this week Gas Market: The front month for the NBP added 3.7% or 7.40p per therm to settle at 205.07p yesterday while the Winter-26 contract closed at 205.97p, up 7.91p Power Market: GB baseload futures continued to rise through Thursday's session with support arriving from higher gas prices and fears of further disruption to oil and gas supplies from the Middle East Power Market: The Spot for EUAs added 22 cent/ tonne yesterday, closing at €85.22 per tonne Oil Market: Iranian backed Houthi Rebels took control of a key international port in the Red Sea yesterday raising concerns of further disruption to supplies from the region Oil Market: Brent settled at a fresh four-month high at $107.63 a barrel while the U.S. WTI closed $6.43 up at $102.48 a barrel