Kore Energy

Gas Market Reports of a Russian amendment to payment options for European gas buyers which could signal an effort to maintain pipeline flows transiting through Ukraine after the current deal expires at the end the year added bearish pressure to most NBP curve contracts on Friday. The front month contract edged down by 0.13p day-on-day […]

Gas Market After Wednesday’s significant declines, there was some sideways movement for the front of the NBP curve on Thursday morning.  The prompt had opened lower by around a penny in response to the lower demand and a comfortable outlook for the rest of the week and losses were extended through the session with the […]

Gas Market   Lower gas demand due to the mild temperatures and increased wind generation pressured prompt gas prices across Europe yesterday.  The Day ahead price for the Dutch TTF fell by 3.16% while the corresponding contract for the NBP shed 3.71% or 4.63p per therm.  The declines on the NBP prompt kept pace with […]

Gas Market NBP near curve contracts traded sideways on Tuesday, remaining near to their 13-month highs as gas storage levels across Europe were lower than the last two years and continued to support prices. Colder temperatures in November have driven European gas storage levels down to an average 84.65% full, a sharp drop compared to […]

Gas Market NBP gas prices firmed on Monday in a continuation of Friday’s upward trend. Russian gas exports through Ukraine to Europe were reported to be down by more than 3.0% on Sunday and Monday from levels seen in recent months, adding to the general sense of unease surrounding gas supplies as we get deeper […]

Gas Market With January-25 taking over as the front month on Friday after December-24’s expiry, the contract initially maintained its predecessor’s recent downward trend when the session opened. However, losses soon turned to gains around midday. An announcement from Centrica stating that the UK’s gas stores could be lower at the end of the winter […]

Gas Market It was the last day of trading for the December contract on the ICE platform yesterday and the outgoing front month for the NBP yielded 1.55p to settle at 115.44p per therm.  It was the third day of declines in succession for the near curve, which averaged losses of 1.60p yesterday, and the […]

Gas Market  In a continuation of Tuesday’s decline, NBP prices fell further on Wednesday, although a late rally on the front month threatened to eradicate the earlier losses. Having reached an intraday low of 115.00p per therm, the December-24 contract settled at 116.99p per therm, down 1.30p day-on-day. The near months are now down by […]

Gas Market Volatile remained the most fitting word to describe the NBP gas market on Tuesday. Following Monday’s gains, gas prices pushed higher again during the morning session, reaching a peak of 121.13p/th. However, prices began to ease off just after midday. The decline was far from straightforward, as the Dec-24 contract dipped to an […]

 Gas Market Volatility continued to characterize the NBP on Monday, with contracts retracing much of the previous days’ losses during the session. After reaching an intra-day high of 121.53p per therm, the front month contract eventually settled at 119.51p per therm, up 2.52p day-on-day. Russian gas exports via Ukraine to Europe remain stable, despite the […]