Kore Energy

Gas Market Tuesday’s downside continued into Wednesday, with most NBP near and far curve contracts shedding value on reduced geopolitical risk. The November-24 contract posted a loss of 1.20p to end the session at 97.60p per therm, having traded as high as 100.80p per therm earlier in the day. Prompt activity was more mixed however. […]

Gas Market Spurred on by positive murmurings emanating from Israel that they were inclined not to target Iranian oil and nuclear infrastructure some of the “war” premium that had fed into gas prices began to fall out across Tuesday’s session. The front month contract shed 4.20p/th in early trading before settling at 98.8p/th, a day-on-day […]

Gas Market Activity across the NBP curve was choppy during Monday’s morning session before the bulls took a firmer hold of direction. Having initially traded below the previous close, the November-24 contract posted a day-on-day gain of 1.49p to close at 100.86p per therm. Further out, gains were less pronounced, with weak crude oil prices […]

Gas Market In what was a choppy session, NBP near months finished the day below their previous close, averaging losses of 1.02p per therm, driven by weakness across the wider energy complex. The November-24 contract shed 1.05p to close at 99.37p per therm, while the December-24 contract posted the biggest loss on the curve, falling […]

Gas Market Gas prices rebounded on Thursday as hopes of a ceasefire faded as Israel continued to attack Beirut and Southern Lebanon while reports that UN peacekeepers being fired on filtered through.  Bullish carbon prices also added to the upside while oil prices made strong gains on the day too.  The NBP front month, November, […]

Gas Market Tuesday’s weakness fed into gas prices on Wednesday as all curve contracts gradually declined throughout the session. The front month November contract opened in negative territory at 96.27p/th and gradually moved lower across the session before settling marginally higher than the low of the day at 95.58p.  Gas prices fell as hopes of […]

Gas Market A modest level of risk premium was removed from the NBP curve on Tuesday on news of potential ceasefire talks between Hezbollah and Israel. Although uncertainty surrounding geopolitical risk remains rife, the front month contract posted a day-on-day loss of 3.72p to end the session at 97.14p per therm, while Q1 25 fell […]

Gas Market On Monday, the NBP curve enjoyed some modest respite from the recent geopolitically fueled price increases, with near months averaging a day-on-day loss of 1.47p per therm. The front month fell by 1.74p to end the session at 100.86p per therm, but remained 3.59% higher than a week ago. The escalation of unrest […]

Gas Market Despite warmer weather, high storage levels, increasing Norwegian flows and higher wind generation, prices on the NBP forward curve continued to rise on Friday, driven by heightened geopolitical tensions in the Middle East. The NBP front-month November contract settled 2.32 pence at 102.60p/th up on Friday, marking an increase of 6.20 pence (6.43%) […]

Gas Market After a fairly calm morning in the gas markets, volatility returned in the afternoon as Israel stepped up airstrikes on Lebanon.  Monday sees the first anniversary of the Hamas attacks on Israel and a year on the conflict has escalated and moved beyond Gaza with Israel launching attacks on Beirut and southern Lebanon. […]