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    As energy markets become increasingly complex, the vast array of pricing options and contract structures available to large energy users can prove daunting...
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    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

Wednesday 12 June 2019
Market Open
Crude oil prices have opened with sharp losses this morning with both Brent and WTI around $1.60 a barrel down. A report released late last night by the Energy

Information Administration has cut the forecast for world oil demand growth for 2019 and this has stirred the market into a sell-off. The EIA is expected to release the weekly inventory report later and is this could show a further rise in U.S. crude oil reserves. In the gas markets, prompt prices are flat despite the UK gas system opening with a slight deficit of 7MCM. NBP futures have continued to soften in early trading with contracts around a half a penny down on last night's close.

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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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