Kore Energy

Gas Market: NBP July settled down 4.30p at 114.79p/therm as markets responded cautiously to news of an Israel-Hezbollah de-escalation Gas Market: The NBP day-ahead fell 5.75p to 115.75p/therm on weak gas-fired demand amid strong wind generation Gas Market: Non-Gulf LNG surged 20% year-on-year in May, offsetting around 90% of the drop in Gulf flows Power Market: A decline in gas prices outweighed increases in carbon UKAs with GB Baseload July closing down £2.50 at £101/MWh Power Market: Prompt prices fell as last week's exceptional heat gave way to cooler conditions, with low pressure bringing rain and strong winds Oil Market: Oil prices rose 1% to a one-week high at $96/bbl, driven by uncertainty over a potential U.S.-Iran ceasefire deal Oil Market: The IEA warned global inventories could hit critical levels ahead of peak summer fuel demand if stock draws continue