Kore Energy

Gas Market The gas markets opened with strong gains yesterday stoked by fears of an escalation in the war between Israel and Iran. The front months have gained an average of 14.00p per therm over the week since Israel attacked Iranian nuclear sites and the conflict continues to raise fears of a disruption to oil […]

Gas Market On Wednesday, UK gas markets experienced a slight pullback amid a tense global backdrop. The front-month NBP contract dipped by 1.65 pence, settling at 91.28 p/therm, retreating from an intra day high of 95.62p/therm. The decline followed reports that Qatari LNG exports have remained stable despite the recent attack on the South Pars field, a […]

Gas Market Gas prices rose on Tuesday, reversing Monday’s brief dip, as Israel rejected Iran’s proposal to de-escalate regional tensions and Trumps call for Iran’s “unconditional surrender”. The July gas contract opened strongly at 90.17p/th, up 1.09p from Monday’s close. Prices continued to climb throughout the day, buoyed by the partial shutdown of Iran’s Pars […]

Gas Market NBP gas prices saw a mixed session on Monday, as ongoing tensions between Israel and Iran continued to inject geopolitical risk into the market. Concerns over global LNG supply security were heightened following reports of an Israeli strike on Iran’s South Pars gas field and the potential threat of a blockade in the […]

Gas Market NBP contracts reacted strongly on Friday morning to the news that Israel had attacked Iranian nuclear and military targets overnight, stirring unrest in the region. Retaliatory drone strikes from Iran and further attacks from Israel later in the afternoon ensured prices remained elevated throughout the session. Having reached an intra-day high of 91.23p […]

Gas Market Wednesdays gains were consolidated yesterday but the increases to the near curve were modest.  Concerns for the French nuclear fleet added some upside as further testing on reactors may be required during the summer. Confidence in the trade framework deal between the U.S. and China was tested through the session as China remained […]

Gas Market On Wednesday, the NBP curve retraced the previous days’ losses following reports that the U.S. and China had managed to restore a fragile trade truce, de-escalating tensions between the two economic power houses. The agreement is expected to result in restrictions on rare earth minerals and magnets, which are essential for modern technology […]

Gas Market  The front-month July contract opened Tuesday’s session broadly in line with Monday’s close but slipped steadily from that early high as the day wore on. While the contract briefly tested the 80.00p/th level, it couldn’t quite break into the 70s, eventually bouncing back just before the close to settle at 80.50p. Gas prices […]

Gas Market Early morning losses of around a penny on the near NBP curve were extended over the session on Monday in response to declines on the prompt and a comfortable gas system. The July contract ended the session 2.40p per therm down at 82.51p which cut the five-day increase to around a penny. Winter-25 […]

Gas Market UK gas markets were rangebound on Friday, capping off a subdued trading session after a week of mixed price movements. The front-month NBP contract slipped by 0.51p to settle at 84.91p/therm, despite the July contract posting a weekly gain of 5.29p/therm. Prices had found support earlier in the week from planned maintenance at […]