Kore Energy

Gas Market: With peace talks between the U.S. and Iran in Islamabad ending without any agreement and no date fixed for further talks, NBP futures rallied on Monday morning UK NBP gas contracts fell on Friday, with the front month down 7.07p on the day and 25.31p on the week, as markets positioned ahead of Iran-U.S. peace talks Gas Market: The front month, May, eased a touch through the afternoon before settling at 116.79p per therm, posting a gain of 7.10p, the remaining summer months averaged gains of 5.70p Gas Market: Prompt prices were buoyed by gains at the near curve, and the Day ahead closed 5.88p higher on Monday Power Market: Baseload futures increased on Monday after wholesale gas and crude oil prices made gains following reports of a U.S. naval blockade of Iranian ports to start on Monday Power Market: Wind generation is to remain around 4.0GW on Tuesday but forecast to pick up later in the week Oil Market: Crude oil prices rallied on Monday morning with Brent peaking at $103.87 a barrel after President Trump posted that he would blockade Iranian ports Oil Market: The June contract for Brent settled $4.16 higher at $99.36 a barrel, the U.S. benchmark, West Texas Intermediate, closed at $99.08, up $2.51 a barrel