Kore Energy

Gas Market Prompt prices shrugged off a short gas system on Monday as the Spot and Day ahead products closed around 3.50p per therm lower while near futures extended early losses. The GB gas system was 8mcm shy with an hour to go in the trading day after a compressor failure curbed gas flows from […]

Gas Market Gas contracts bounced back from Thursday’s losses in early trading on Friday morning. The front month traded as high as 67.27p/th before declining across much of the day, falling to 64.5p/th in early afternoon. However, in contrast to Thursday, gas prices increased in the final hours of the week’s trading, with the April […]

Gas Market Gas contracts on the UK NBP extended Wednesday’s losses as late trading brought some life to a lacklustre market on Thursday. For much of the day prices oscillated near the precious close, with prices trading in a tight range. The front month spent the majority of the session flip flopping between 66.20 pence […]

Gas Market  The UK NBP gas market was set to post gains for the fourth session in a row on Wednesday but a late sell-off saw the majority of contracts finish below their previous settlement.  Early indications were for a weaker market as the front month contract opened with a loss of half a penny. […]

Gas Market The early gains to NBP futures were partially reversed over the afternoon on Tuesday leaving near months an average of 1.30p per therm higher day-on-day. The near curve has gained over 8.00p over the last week with as cooler temperatures combined with buying activity in response to price triggers while concerns of lower […]

Gas Market There were wide intraday swings to NBP futures on Monday as early losses were recovered as European gas prices took a step higher. Gas prices received late support following reports that the U.S. gas producer EQT is to cut production by 1 billion cubic feet per day for March.  The company is reversing […]

Gas Market Gas prices stepped higher as a result of colder weather that brought snow to parts of Ireland on Friday morning. Within day and Day ahead contracts gained almost 4p per therm across the session, closing at 3-week highs with both being assessed at 67.00p/th. April, in its second session as the front month, […]

Gas Market Following Wednesday’s sharp increase in prices, Thursday saw over half of the gains reversed as the market took direction from the persistently strong market fundamentals. The front season, Summer-24 fell by 1.87p to 62.36p/th while the new front month contract, April, fell by 2.09p to 61.58 pence. Having reached the end of February, […]

Gas Market European gas prices were buoyed by reports that the U.S. Freeport LNG facility will extend its current outage for a further two weeks. One of the three liquefaction trains at the Texas plant has been down for most of February and was expected to return at the end of the month. The front […]

Gas Market Natural gas futures opened lower on Tuesday and near futures reversed most of the gains witnessed on Monday, however, the market switched tack in the afternoon session and near contracts settled around a penny higher.  The intra-day swing for March was 4.55p as the front month settled 1.30p higher at 60.60p on its […]