Kore Energy

Gas Market There was more uncertainty in the markets on Monday as NBP futures oscillates between losses and gains for much of the session.  Reports that the Russian President announced a ceasefire weighed on prices briefly, but the details left the market underwhelmed. Putin is ordering a three-day ceasefire from 08-May, and this was met […]

Gas Market The NBP extended Thursday’s losses on Friday after late declines resulted in a 2.70p per therm fall across the near months. Rapidly increasing temperatures from the weekend weighed on the Spot and prompt market, with the Within day and Day ahead contracts both dropping by 4.40p per therm day-on-day. The prompt’s weakness fed […]

Gas Market After spending much of Wednesday morning trading above the previous close, NBP curve contracts edged back down later in the session to finish mostly flat day-on-day. Reports that the White House are considering cutting tariffs on Chinese imports as well as the impact of the possible withdrawal of the U.S. from peace negotiations […]

Gas Market Ongoing trade war uncertainty continues to weigh on global demand, with NBP curve contracts falling alongside the prompt. The spillover effects of the U.S.-China trade war have led ICIS to lower its forecast for China’s 2025 LNG demand by 6 million tonnes, potentially easing Chinese competition for LNG cargoes this year. Any further […]

Gas Market Trading for the NBP curve was subdued on Thursday as the market prepared for the long weekend break after a turbulent first half to the month.  Near months settled marginally higher on Thursday as average gains failed to get above a half a penny per therm day-on-day and this brought the recovery for […]

Gas Market NBP curve contracts edged up marginally on Wednesday, gleaning support from increases across the prompt and whispers of trade talks between China and the United States, which could alleviate some of the recent economic fears. The front month contract posted a gain of 2.56p to close the session at 86.88p per therm. A […]

Gas Market Tuesday’s session on the NBP was best described as choppy. Traded contracts oscillated close to Monday’s close for much of the day. The front-month contract, May-25, rose during morning trading, reaching an intraday high of 87.26 pence per therm, marking a day-on-day gain of 1.89p. However, a late-afternoon decline in EUA carbon markets […]

Gas Market Prompt prices were lifted by the unplanned outages at Norwegian production plants yesterday. Natural gas exports were curbed by around 29mcm due to issues at the Aasta Hansteen and Dvalin plants yesterday which left the Spot and Day ahead 3.15p per therm higher at the close.  Forecasts for low wind generation also added […]

Gas Market Price fluctuations across global markets, including the NBP, due to Donald Trump’s tariffs continued on Friday. Curve prices made modest gains despite news that China would raise import taxes on U.S. goods to 125%, further stoking fears of a global recession. The front month contract closed the session at 83.10p per therm, up […]

Gas Market   The gas markets opened firmer on Thursday following a step back from President Trump as he paused the latest tariff increases for 90 days late on Wednesday.  Near months for the NBP increased by around 4.50p per therm through the early part of the session but uncertainty in the markets and the […]