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News Archive


Belgian/French review: Day-ahead basis plummets; France goes well above TTF

The prompt started at a bullish level compared with the previous week, mostly owing to slightly cooler temperatures in most parts, but Day-ahead gave up...

28 May 2010 19:25 | ESGM


Belgium: Day-ahead basis slides; exports to continent fluctuate

Belgian prices surged across the board on Friday. The spot contracts posted the stronger gains. Day-ahead and Weekend were last assessed 1.175p/th and 1.475p/th...

28 May 2010 20:30 | ESGM


Belgium: Prompt, curve contracts and Day-ahead basis all weaken

The prompt saw significant losses on Thursday, as supply to the UK was ramped up and demand looked set to fall on the back of warmer temperatures forecast...

31 May 2010 00:00 | ESGM


Carbon market snapshot

Firming oil and equities failed to support the carbon market on Thursday, which came as a bit of a surprise to some. Traders said that a weakening German...

31 May 2010 00:00 | EDCM


CEE/SEE:Traders expect to break stalemate next month

Regional values remained locked in stalemate on Friday as traders were in anticipation of market developments ushered in by the upcoming month.Dealers...

28 May 2010 20:53 | EDEM


Continental: Cal ‘11 is range-bound as prompt gets windswept

Contracts on the German power market recorded losses across the board on Friday, while poor liquidity affected the French market.The German Calendar...

28 May 2010 20:01 | EDEM


Daily oil summary

Crude oil futures eased back from earlier highs posted on the back of another rally in the equities markets, which saw both benchmark grades post gains of...

28 May 2010 21:09 | EDEM ESGM


France: French prompt extends its premium to the Dutch market

Both the French prompt and curve eased on Thursday, in line with bearish sentiment that coursed through from neighbouring markets.PEG Nord Day-ahead's...

31 May 2010 00:00 | ESGM


France: Lack of liquidity drives PEG Nord Day-ahead up

The French market closed in positive territory, firming intra-session due to a lack of liquidity. At the eve of a prolonged weekend in the UK, activity slowed...

28 May 2010 20:12 | ESGM


Gas outlook

NBPSentiment had turned bearish by the end of the week, with several factors pointing to a continuation of the gradual decline in prices from Friday....

28 May 2010 19:58 | ESGM


Germany: Maintenance keeps German spot premium over TTF high

Germany's prevailing pattern on Thursday was a bearish one, in common with TTF.On the spot, the strong German premiums remained, with TTF Day-ahead...

31 May 2010 00:00 | ESGM


Germany: Prices rise through volatile session at Baumgarten

German prices finished the week in positive territory as contracts strengthened somewhat towards the end of May.This was in line with developments...

28 May 2010 20:16 | ESGM


Iberdrola: Spain to become a new European gas hub

Spain is gearing up to become a new European gas hub by 2013, a senior executive at Iberdrola told the European Gas Summit in London on Thursday. "Once...

31 May 2010 00:00 | ESGM


Netherlands: Curve firms with fuels; Germany spread narrows

Dutch long-term contracts posted some gains on the week, lifted by a surge in oil and coal prices recorded earlier in the week, market participants said...

28 May 2010 20:49 | EDEM


Netherlands: TTF closes softer across board, mainly on warmer weather

The TTF took a bearish turn on Thursday. All but the two farthest-dated contracts closed down following a day in which prices seemed to gradually lose value,...

31 May 2010 00:00 | ESGM


Netherlands: TTF prices strengthen as June approaches

Prices at the TTF ended the week on a slightly higher note day on day in a session characterised by a significant lack of interest in curve trading. "The...

28 May 2010 20:25 | ESGM


UK review: Ormen Lange outage was priced into NBP

Those who were expecting a bullish start to the week as the Norwegian outage neared were disappointed, as prompt prices traded in a 39.75-39.85p/th range...

28 May 2010 19:37 | ESGM


UK: NBP seasons climb higher in late trade

The bank holiday in the UK appeared to start early on the NBP, with a quiet day's trading across the curve. Prompt contracts were stronger session on session,...

28 May 2010 20:43 | ESGM


UK: Seasons hitch a ride on the back of bullish fuels

The two front seasons reclaimed a portion of the previous session's losses on Friday, off the back of a strong gas market and bullish coal, which offset...

28 May 2010 20:05 | EDEM


UK:Prompt crashes on bearish outlook

Prompt levels crashed on Thursday amid a comfortable supply situation and a bearish outlook for next week.Day-ahead finished at a 3.25p/th discount...

31 May 2010 00:00 | ESGM

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