Auxilione’s Post

DAILY MARKET REPORT - 02/12/2024 Welcome along to December. The end of last week ended relatively calm, however over the weekend physical flow nominations dropped from Russia via Ukraine and remain the same today. The comes as the transit deal ends in just a few weeks time. The market has already reacted this morning to the drop in nominations and we are now at very high price levels once again. Despite some colder days this expected this week, the longer term temperature forecasts remain close to seasonal normal for the weeks ahead. Friday saw the TTF Front Month contract settle at €47.81 (from €46.68) and the NBP Front Month contract at 119.56p (from 117.55p). No unplanned outage this morning and we see a flow level at 325mcm (328) Russian nominations showing Velke Kapusany at 37.8mcm (40.8) and Sudzha at 40.8mcm (42.3). Nord Stream remains unavailable. EU gas storage showing at 85.47% (86.65%) full as per AGSI+. LNG vessels due to arrive in UK next couple of weeks is 12 (12). This morning we see the Front Month TTF contract at €49, UP €1 to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €48, Front Season €46 (vs €48 and €45) Curve NBP Front Month 120p, Front Season 111p (vs 118p and 109p) UK Gas NBP spot 119p (from 118p) UK Power Base spot £91 (from £100) UK power prices show the UK Front Month Baseload contract at £100 (£93) and Front Season at £84 (£83). In other areas of the market Brent Oil is at $72 ($73) and EUAs are at €68 (€68). Henry Hub is at $3.36 ($3.20) and JKM is at $14.93 ($15.02) with TTF Equiv of $14.79 ($14.46). Numbers in brackets show the previous reports value. We ask that you ‘like’ and use the ‘repost’ function rather than copy from our updates – thank you. More information about Auxilione can be found on our website at www.auxilione.com. #energy #gas #power #electricity #powergeneration #energystorage #lng #energyindustry #powerdistribution #markets #naturalgas #oil #oilgas #renewableenergy #oilandgas #oilandgasindustry #renewables #sustainability #solar

DAILY MARKET REPORT - 06/11/2024 A small uptick in prices, although hardly noticeable, in yesterdays session as the market holds firm at the current levels. Impact of the US elections may affect global markets across the world today, although it is starting to become apparent on who the winner is likely to be. Spot prices, particularly in power, continue to rise to levels not seen for a while. In yesterdays day ahead auction for delivery today, in some hours, the UK market topped £300/MWh. Yesterday saw the TTF Front Month contract settle at €40.49 (from €40.30) and the NBP Front Month contract at 102.69p (from 102.46p). No unplanned outage this morning and we see a flow level at 334mcm (325) Russian nominations showing Velke Kapusany at 41.2mcm (41.2) and Sudzha at 42.3mcm (42.3). Nord Stream remains unavailable. EU gas storage showing at 95.01% full as per AGSI+. LNG vessels due to arrive in UK next couple of weeks is 3. This morning we see the Front Month TTF contract at €40, NO CHANGE to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €40, Front Season €39 (vs €40 and €39) Curve NBP Front Month 103p, Front Season 96p (vs 102p and 95p) UK Gas NBP spot 102p (from 102p) UK Power Base spot £127 (from £116) UK power prices show the UK Front Month Baseload contract at £86 (£86) and Front Season at £75 (£75). In other areas of the market Brent Oil is at $76 ($75) and EUAs are at €64 (€65). Henry Hub is at $2.67 ($2.78) and JKM is at $13.54 ($13.48) with TTF Equiv of $12.97 ($12.87). Numbers in brackets show the previous reports value. We ask that you ‘like’ and use the ‘repost’ function rather than copy from our updates – thank you. More information about Auxilione can be found on our website at www.auxilione.com. #energy #gas #power #electricity #powergeneration #energystorage #lng #energyindustry #powerdistribution #markets #naturalgas #oil #oilgas #renewableenergy #oilandgas #oilandgasindustry #renewables #sustainability #solar

DAILY MARKET REPORT - 08/10/2024 A very small downward movement seen in yesterdays session as the nerves continue to hold over what comes next in respect of the ongoing concerns around tensions in the Middle East with oil prices continuing to rise as a result, now passing $80/bbl. The Ukrainian Prime Minister confirmed in a press conference with his Slovakian counterpart that the gas transit deal with Russia will not be extended into to 2025. Yesterday saw the TTF Front Month contract settle at €40.24 (from €40.98) and the NBP Front Month contract at 100.86p (from 102.60p). Troll remains on unplanned outage this morning and we see a flow level at 311mcm (316) Russian nominations showing Velke Kapusany at 38.2mcm (38.0) and Sudzha at 42.4mcm (42.1). Nord Stream remains unavailable. EU gas storage showing at 94.56% full as per AGSI+. LNG vessels due to arrive in UK next couple of weeks is 3. This morning we see the Front Month TTF contract at €40, NO CHANGE to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €40, Front Season €39 (vs €40 and €39) Curve NBP Front Month 101p, Front Season 96p (vs 103p and 96p) UK Gas NBP spot 96p (from 98p) UK Power Base spot £89 (from £92) UK power prices show the UK Front Month Baseload contract at £87 (£87) and Front Season at £76 (£76). In other areas of the market Brent Oil is at $81 ($78) and EUAs are at €62 (€62). Henry Hub is at $2.75 ($2.85) and JKM is at $13.14 ($13.09) with TTF Equiv of $12.96 ($13.17). Numbers in brackets show the previous reports value. We ask that you ‘like’ and use the ‘repost’ function rather than copy from our updates – thank you. More information about Auxilione can be found on our website at www.auxilione.com. #energy #gas #power #electricity #powergeneration #energystorage #lng #energyindustry #powerdistribution #markets #naturalgas #oil #oilgas #renewableenergy #oilandgas #oilandgasindustry #renewables #sustainability #solar

DAILY MARKET REPORT - 01/10/2024 Welcome along to October – the start of winter delivery and also a new gas year. Yesterday saw a further uptick to get the week underway as escalation in the Middle East continues to take focus and maintain some nervousness in the market prices as geopolitical concerns have for some time now. As we dive into the winter delivery period, temperatures are expected to stay close to seasonal normal for the weeks ahead and we have some 94% of the gas storage capacity filled with gas which should help alleviate some immediate concerns on the fundamental side. Yesterday saw the TTF Front Month contract settle at €39.04 (from €38.58) and the NBP Front Month contract at 97.36p (from 96.40p). Asgard remains on unplanned outage this morning and we see a flow level at 295mcm (291) Russian nominations showing Velke Kapusany at 38.3mcm (37.3) and Sudzha at 42.2mcm (42.2). Nord Stream remains unavailable. EU gas storage showing at 94.28% full as per AGSI+. LNG vessels due to arrive in UK next couple of weeks is 2. This morning we see the Front Month TTF contract at €38, DOWN €1 to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €38, Front Season €38 (vs €39 and €37) Curve NBP Front Month 97p, Front Season 92p (vs 96p and 91p) UK Gas NBP spot 92p (from 96p) UK Power Base spot £72 (from £68) UK power prices show the UK Front Month Baseload contract at £84 (£77) and Front Season at £72 (£72). In other areas of the market Brent Oil is at $72 ($72) and EUAs are at €66 (€66). Henry Hub is at $2.92 ($2.90) and JKM is at $13.13 ($13.21) with TTF Equiv of $12.77 ($12.64). Numbers in brackets show the previous reports value. We ask that you ‘like’ and use the ‘repost’ function rather than copy from our updates – thank you. More information about Auxilione can be found on our website at www.auxilione.com. #energy #gas #power #electricity #powergeneration #energystorage #lng #energyindustry #powerdistribution #markets #naturalgas #oil #oilgas #renewableenergy #oilandgas #oilandgasindustry #renewables #sustainability #solar

DAILY MARKET REPORT - 01/07/2024 Welcome along to July. Fridays session was fairly flat in the end with not much movement seen across any of the contracts. Cooler weather is expected this week (being below seasonal normal) after seeing some high temperatures of late, although they are expected to be above seasonal normal for the rest of July and into August. Asian temperatures are also forecast to remain high which has been driving LNG spot demand of late. In turn this has held up European market prices as we compete for deliveries – which have been limited in recent weeks. Friday saw the TTF Front Month contract settle at €34.48 (from €34.85) and the NBP Front Month contract at 81.35p (from 82.36p). Visund remains on unplanned outage this morning and we see a flow level at 336mcm (334) Russian nominations showing Velke Kapusany at 39.9mcm (41.9) and Sudzha at 42.1mcm (42.4). Nord Stream remains unavailable. EU gas storage showing at 76.91% full as per AGSI+. LNG vessels due to arrive in UK next couple of weeks is 1. This morning we see the Front Month TTF contract at €34, NO CHANGE to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €34, Front Season €39 (vs €34 and €39) Curve NBP Front Month 81p, Front Season 100p (vs 82p and 100p) UK Gas NBP spot 81p (from 80p) UK Power DA £81 (from £34) UK power prices show the UK Front Month Baseload contract at £73 (£73) and Front Season at £89 (£89). In other areas of the market Brent Oil is at $85 ($86) and EUAs are at €67 (€67). Henry Hub is at $2.60 ($2.69) and JKM is at $12.64 ($12.66) with TTF Equiv of $10.84 ($10.95). Numbers in brackets show the previous reports value. We ask that you ‘like’ and use the ‘repost’ function rather than copy from our updates – thank you. More information about Auxilione can be found on our website at www.auxilione.com. #energy #gas #power #electricity #powergeneration #energystorage #lng #energyindustry #powerdistribution #markets #naturalgas #oil #oilgas #renewableenergy #oilandgas #oilandgasindustry #renewables #sustainability #solar

DAILY MARKET REPORT - 01/05/2024 Welcome along to May. Yesterdays session saw a bullish start to the week, unwinding the losses seen on Friday. Perhaps a nervous display as further ship attacks take place in the Red Sea and G7 ministers discuss ways to reduce LNG sourced from Russia into European markets. The latest long term temperature forecasts show a warm first half of May to be expected, followed by several weeks of seasonal normal into mid-June. Yesterday saw the TTF Front Month contract settle at €29.12 (from €28.06) and the NBP Front Month contract at 71.53p (from 68.28p). Dvalin on unplanned outage this morning and we see a flow level at 282mcm (266). Russian nominations showing Velke Kapusany at 41.5mcm (39.6) and Sudzha at 42.4mcm (42.4). Nord Stream remains unavailable. EU gas storage showing at 62.10% full as per AGSI+. LNG vessels due to arrive in UK next couple of weeks is 2. This morning we see the Front Month TTF contract at €29, NO CHANGE to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €29, Front Season €34 (vs €29 and €34) Curve NBP Front Month 72p, Front Season 89p (vs 68p and 89p) UK Gas NBP spot 73p (from 72p) UK Power DA £69 (from £64) UK power prices show the UK Front Month Baseload contract at £62 (£60) and Front Season at £79 (£77). In other areas of the market Brent Oil is at $86 ($88) and EUAs are at €69 (€65). Henry Hub is at $1.99 ($2.03) and JKM is at $10.34 ($10.21) with TTF Equiv of $9.13 ($8.83). Numbers in brackets show the previous reports value. We ask that you ‘like’ and use the ‘repost’ function rather than copy from our updates – thank you. More information about Auxilione can be found on our website at www.auxilione.com. #energy #gas #power #electricity #powergeneration #energystorage #lng #energyindustry #powerdistribution #markets #naturalgas #oil #oilgas #renewableenergy #oilandgas #oilandgasindustry #renewables #sustainability #solar

DAILY MARKET REPORT - 30/07/2024 Further upside seen in yesterdays session, pushing prices back to a recent high. The warmer weather may be pushing more gas for power generation demand which may have a knock on effect to the short queue of LNG in the coming weeks – showing that the market is still sitting rather nervously despite having relative stable fundamentals for some time. The temperatures are expected to drop in the coming days and hold just above seasonal normal throughout August – with the seasonal normal levels now starting to decline over time as we head towards the end of the summer season. Yesterday saw the TTF Front Month contract settle at €33.87 (from €32.48) and the NBP Front Month contract at 79.70p (from 76.11p). Visund remains on unplanned outage this morning and we see a flow level at 340mcm (341) Russian nominations showing Velke Kapusany at 40.2mcm (39.7) and Sudzha at 42.4mcm (41.9). Nord Stream remains unavailable. EU gas storage showing at 84.49% full as per AGSI+. LNG vessels due to arrive in UK next couple of weeks is 1. This morning we see the Front Month TTF contract at €34, NO CHANGE to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €34, Front Season €39 (vs €34 and €38) Curve NBP Front Month 80p, Front Season 98p (vs 76p and 96p) UK Gas NBP spot 77p (from 71p) UK Power DA £76 (from £72) UK power prices show the UK Front Month Baseload contract at £70 (£68) and Front Season at £86 (£85). In other areas of the market Brent Oil is at $80 ($81) and EUAs are at €69 (€68). Henry Hub is at $2.04 ($2.01) and JKM is at $12.45 ($12.21) with TTF Equiv of $10.74 ($10.34). Numbers in brackets show the previous reports value. We ask that you ‘like’ and use the ‘repost’ function rather than copy from our updates – thank you. More information about Auxilione can be found on our website at www.auxilione.com. #energy #gas #power #electricity #powergeneration #energystorage #lng #energyindustry #powerdistribution #markets #naturalgas #oil #oilgas #renewableenergy #oilandgas #oilandgasindustry #renewables #sustainability #solar

DAILY MARKET REPORT - 04/07/2024 A downward movement seen in yesterdays session, although still moving in small measures in either direction and continues to hold around price levels enjoyed now for many weeks. Spot UK power prices, once again on a week day rather than a weekend, hitting lows with negative periods and an average price for the day of just £11/MWh. Today in the US is Independence Day and in the UK it is Election Day which is likely to see a change of government this time tomorrow. Yesterday saw the TTF Front Month contract settle at €32.69 (from €33.69) and the NBP Front Month contract at 75.97p (from 78.73p). Visund remains on unplanned outage this morning and we see a flow level at 331mcm (334) Russian nominations showing Velke Kapusany at 40.4mcm (40.3) and Sudzha at 42.4mcm (42.4). Nord Stream remains unavailable. EU gas storage showing at 77.87% full as per AGSI+. LNG vessels due to arrive in UK next couple of weeks is 1. This morning we see the Front Month TTF contract at €33, NO CHANGE to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €33, Front Season €38 (vs €33 and €39) Curve NBP Front Month 76p, Front Season 98p (vs 79p and 100p) UK Gas NBP spot 75p (from 78p) UK Power DA £11 (from £70) UK power prices show the UK Front Month Baseload contract at £69 (£71) and Front Season at £88 (£89). In other areas of the market Brent Oil is at $87 ($86) and EUAs are at €71 (€71). Henry Hub is at $2.42 ($2.44) and JKM is at $12.42 ($12.56) with TTF Equiv of $10.36 ($10.61). Numbers in brackets show the previous reports value. We ask that you ‘like’ and use the ‘repost’ function rather than copy from our updates – thank you. More information about Auxilione can be found on our website at www.auxilione.com. #energy #gas #power #electricity #powergeneration #energystorage #lng #energyindustry #powerdistribution #markets #naturalgas #oil #oilgas #renewableenergy #oilandgas #oilandgasindustry #renewables #sustainability #solar

DAILY MARKET REPORT - 26/09/2024 A revision of some colder temperatures to be expected in the first half of October may have injected some further concern into yesterdays session as we saw a rise once again – continuing the up-down circle we’ve seen of late. Wider concerns surrounding continued escalation in the Middle East, Ukraine-Russia border and hurricanes hitting US energy infrastructure continue to underpin the markets nerves. Yesterday saw the TTF Front Month contract settle at €37.32 (from €35.41) and the NBP Front Month contract at 90.24p (from 85.15p). Karsto, Asgard and Sleipner all remain on unplanned outage this morning and we see a flow level at 267mcm (275) Russian nominations showing Velke Kapusany at 37.4mcm (37.6) and Sudzha at 42.4mcm (42.3). Nord Stream remains unavailable. EU gas storage showing at 93.90% full as per AGSI+. LNG vessels due to arrive in UK next couple of weeks is 2. This morning we see the Front Month TTF contract at €37, NO CHANGE to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €37, Front Season €38 (vs €37 and €37) Curve NBP Front Month 90p, Front Season 96p (vs 85p and 92p) UK Gas NBP spot 91p (from 86p) UK Power Base spot £76 (from £86) UK power prices show the UK Front Month Baseload contract at £75 (£71) and Front Season at £81 (£80). In other areas of the market Brent Oil is at $73 ($75) and EUAs are at €65 (€64). Henry Hub is at $2.64 ($2.55) and JKM is at $13.10 ($13.06) with TTF Equiv of $12.20 ($11.57). Numbers in brackets show the previous reports value. We ask that you ‘like’ and use the ‘repost’ function rather than copy from our updates – thank you. More information about Auxilione can be found on our website at www.auxilione.com. #energy #gas #power #electricity #powergeneration #energystorage #lng #energyindustry #powerdistribution #markets #naturalgas #oil #oilgas #renewableenergy #oilandgas #oilandgasindustry #renewables #sustainability #solar

DAILY MARKET REPORT - 11/06/2024 A bullish start to the week as markets rose across the board in yesterdays session. Problems continue on the Norwegian assets with further delays to full service from annual maintenance following on from last weeks separate issues. The market retains a nervous undertone and will react to any negative news it seems. Looking into next week, temperatures are expected to rise again above seasonal normal which may help to settle some of the nerves following the dip this week. Yesterday saw the TTF Front Month contract settle at €34.26 (from €33.11) and the NBP Front Month contract at 81.32p (from 78.41p). Visund remains on unplanned outage this morning and we see a flow level at 328mcm (325) Russian nominations showing Velke Kapusany at 43.4mcm (41.4) and Sudzha at 42.4mcm (41.9). Nord Stream remains unavailable. EU gas storage showing at 71.75% full as per AGSI+. LNG vessels due to arrive in UK next couple of weeks is 0. This morning we see the Front Month TTF contract at €34, NO CHANGE to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €34, Front Season €39 (vs €34 and €37) Curve NBP Front Month 81p, Front Season 99p (vs 78p and 97p) UK Gas NBP spot 82p (from 79p) UK Power DA £72 (from £73) UK power prices show the UK Front Month Baseload contract at £74 (£72) and Front Season at £89 (£87). In other areas of the market Brent Oil is at $82 ($80) and EUAs are at €71 (€71). Henry Hub is at $2.91 ($2.92) and JKM is at $11.97 ($11.97) with TTF Equiv of $10.80 ($10.44). Numbers in brackets show the previous reports value. We ask that you ‘like’ and use the ‘repost’ function rather than copy from our updates – thank you. More information about Auxilione can be found on our website at www.auxilione.com. #energy #gas #power #electricity #powergeneration #energystorage #lng #energyindustry #powerdistribution #markets #naturalgas #oil #oilgas #renewableenergy #oilandgas #oilandgasindustry #renewables #sustainability #solar