• ENERGY PROCUREMENT
    As energy markets become increasingly complex, the vast array of pricing options and contract structures available to large energy users can prove daunting...
  • RISK MANAGEMENT
    Kore Energy has developed a proven risk management strategy, focusing on budget protection and cost optimisation....
  • MARKET INTELLIGENCE
    We continually track and evaluate what is happening in the market and provide concise reports to our risk management clients on a daily basis...
  • CARBON MANAGEMENT
    Managing your exposure to the carbon market is an essential ingredient in energy price risk management...
  • RISK MANAGEMENT
    Kore Energy has developed a proven risk management strategy, focusing on budget protection and cost optimisation...
  • MARKET INTELLIGENCE
    We continually track and evaluate what is happening in the market and provide concise reports to our risk management clients on a daily basis...
  • CARBON MANAGEMENT
    Managing your exposure to the carbon market is an essential ingredient in energy price risk management...

Archived Summaries

Tuesday 11 June 2019
Market Close
There was widespread weakness in the energy markets on Tuesday with gas, power and coal all closing lower, the only

exception being in the crude oil markets which settled flat.  NBP futures saw strong declines with contracts averaging losses of just over 2.00p on the day, while prompt prices reversed early gains after the UK gas system recovered from being around 10MCM short for much of the session.  Crude oil prices traded in a tight range and Brent eventually settled unmoved from Monday's close at $62.29 a barrel.

 

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Market Update

  • Monday 10 June 2019:Crude oil ended the week strongly with Brent crude gaining $1.72 on Friday leaving the global benchmark up $1.40 a barrel week-on-week

  • Monday 10 June 2019:The dollar weakened again on Friday, but the main driver was news of the U.S. lifting sanctions on Mexico which is expected to boost demand

  • Monday 10 June 2019:The UK gas market took a lead from the oil market on Friday to partly correct the recent price slide and leave futures contracts showing modest gains week-on-week

  • Monday 10 Jun 2019:The front month gained 1.21p and Q3 was up by 1.08p while seasonal contracts right along the curve all gained over a penny day-on-day

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