Auxilione’s Post

DAILY MARKET REPORT - 15/04/2024 A further uptick in the market seen to end the week in Fridays session as nerves were clearly put to the test following the developments on Thursday. Over the weekend further escalation in the Middle East will be adding pressure to the markets nerve this week. Weather-wise, long term forecasts now show at or below seasonal normal temperatures to be expected for the weeks ahead, with the above seasonal levels having now passed us this weekend. Friday saw the TTF Front Month contract settle at €30.73 (from €29.38) and the NBP Front Month contract at 76.38p (from 73.69p). Nyhamna on unplanned outage this morning and we see a flow level at 316mcm (342). Russian nominations showing Velke Kapusany at 40.9mcm (41.9) and Sudzha at 42.1mcm (42.4). Nord Stream remains unavailable. EU gas storage showing at 61.69% full as per AGSI+. LNG vessels due to arrive in UK next couple of weeks is 5. This morning we see the Front Month TTF contract at €30, DOWN €1 to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €31, Front Season €36 (vs €31 and €35) Curve NBP Front Month 76p, Front Season 94p (vs 74p and 91p) UK Gas NBP spot 90p (from 71p) UK Power DA £29 (from £25) UK power prices show the UK Front Month Baseload contract at £65 (£63) and Front Season at £84 (£82). In other areas of the market Brent Oil is at $90 ($90) and EUAs are at €72 (€68). Henry Hub is at $1.77 ($1.76) and JKM is at $9.65 ($9.61) with TTF Equiv of $9.23 ($9.23). 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 - 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 - 18/04/2024 A pullback seen in yesterdays session, unwinding the gains seen from Monday. The UK Winter gas contract getting close to £1/therm, now back down toward the low 90p area – reminding us just how nervous the market still is and how quickly the it can still move in a short space of time. Temperatures are expected to stay below the seasonal normal until we get into May. Yesterday saw the TTF Front Month contract settle at €31.29 (from €33.14) and the NBP Front Month contract at 78.15p (from 82.85p). Ormen Lange on unplanned outage this morning and we see a flow level at 335mcm (324). Russian nominations showing Velke Kapusany at 39.0mcm (39.0) and Sudzha at 42.4mcm (42.4). Nord Stream remains unavailable. EU gas storage showing at 62.12% full as per AGSI+. LNG vessels due to arrive in UK next couple of weeks is 4. This morning we see the Front Month TTF contract at €31, NO CHANGE to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €31, Front Season €36 (vs €31 and €38) Curve NBP Front Month 78p, Front Season 94p (vs 83p and 98p) UK Gas NBP spot 77p (from 83p) UK Power DA £76 (from £72) UK power prices show the UK Front Month Baseload contract at £66 (£69) and Front Season at £83 (£87). In other areas of the market Brent Oil is at $87 ($90) and EUAs are at €70 (€74). Henry Hub is at $1.71 ($1.73) and JKM is at $10.75 ($11.26) with TTF Equiv of $9.77 ($10.32). 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 - 17/04/2024 Up across the board yesterday as several Norwegian assets reduce output and temperatures are set to stay below seasonal normal for the next couple of weeks. The UK Winter gas contract is notably now touching the £1 level, having been just 80p just a couple of weeks ago, showing the rise in the value of prices in April so far along the curve. Yesterday saw the TTF Front Month contract settle at €33.14 (from €31.14) and the NBP Front Month contract at 82.85p (from 77.50p). A change in assets as Aasta Hansteen and Ormen Lange are on unplanned outage this morning and we see a flow level at 324mcm (312). Russian nominations showing Velke Kapusany at 39.0mcm (40.9) and Sudzha at 42.4mcm (42.4). Nord Stream remains unavailable. EU gas storage showing at 62.02% full as per AGSI+. LNG vessels due to arrive in UK next couple of weeks is 4. This morning we see the Front Month TTF contract at €34, UP €1 to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €34, Front Season €38 (vs €33 and €36) Curve NBP Front Month 83p, Front Season 98p (vs 78p and 94p) UK Gas NBP spot 83p (from 78p) UK Power DA £72 (from £41) UK power prices show the UK Front Month Baseload contract at £69 (£65) and Front Season at £87 (£84). In other areas of the market Brent Oil is at $90 ($90) and EUAs are at €74 (€71). Henry Hub is at $1.73 ($1.69) and JKM is at $11.26 ($10.73) with TTF Equiv of $10.32 ($9.70). 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 - 31/05/2024 A change in front month contracts which distort the daily comparisons as we hit the end of the month. Temperatures are expected to fall below seasonal normal next week before settling just above once again for the coming weeks. Limited LNG cargoes listed, Norwegian maintenance ongoing and returning slowly, and slowly refilling gas storage sites combined with dipping temperatures in the coming days and global tensions still rife, the market overall still sits rather nervously. Yesterday saw the TTF Front Month contract settle at €35.35 (from €33.88) and the NBP Front Month contract at 84.80p (from 81.59p). Kollsness remains on unplanned outage this morning and we see a flow level at 303mcm (293). Russian nominations showing Velke Kapusany at 41.5mcm (41.6) and Sudzha at 42.4mcm (42.4). Nord Stream remains unavailable. EU gas storage showing at 69.48% 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 €35, NO CHANGE to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €35, Front Season €40 (vs €35 and €39) Curve NBP Front Month 85p, Front Season 104p (vs 82p and 102p) UK Gas NBP spot 87p (from 82p) UK Power DA £69 (from £67) UK power prices show the UK Front Month Baseload contract at £73 (£73) and Front Season at £93 (£91). In other areas of the market Brent Oil is at $82 ($84) and EUAs are at €75 (€74). Henry Hub is at $2.57 ($2.67) and JKM is at $11.96 ($11.83) with TTF Equiv of $11.24 ($10.74). 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 - 07/10/2024 Continued concern over escalations in the Middle East pushed prices up further on Friday, with the front month gas contracts now above £1/therm in the UK and €40 on the Dutch TTF. Colder temperatures are expected later this week and into the weekend before settling at seasonal normal again as just Troll remains slightly under full capacity on the Norwegian output as flows get back above the key 300 marker once again. Friday saw the TTF Front Month contract settle at €40.98 (from €39.91) and the NBP Front Month contract at 102.60p (from 100.28p). Troll remains on unplanned outage this morning and we see a flow level at 316mcm (301) Russian nominations showing Velke Kapusany at 38.0mcm (38.4) and Sudzha at 42.1mcm (42.3). Nord Stream remains unavailable. EU gas storage showing at 94.42% 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 €40, DOWN €1 to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €40, Front Season €39 (vs €41 and €39) Curve NBP Front Month 103p, Front Season 96p (vs 100p and 95p) UK Gas NBP spot 98p (from 96p) UK Power Base spot £92 (from £84) UK power prices show the UK Front Month Baseload contract at £87 (£85) and Front Season at £76 (£74). In other areas of the market Brent Oil is at $78 ($78) and EUAs are at €62 (€63). Henry Hub is at $2.85 ($2.97) and JKM is at $13.09 ($13.10) with TTF Equiv of $13.17 ($12.91). 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 - 10/07/2024 A continued downward movement seen in yesterdays session as prices pull back from recently seen highs. Temperature outlooks remain largely unchanged with cooler temperatures over the coming days before rising into next week for the remainder of July and into August. Storage levels get close to the 80% marker, but no other change to underlying fundamentals which may have given the market less steam to run with meaning the outlook remains positive for the weeks ahead. Yesterday saw the TTF Front Month contract settle at €31.34 (from €32.29) and the NBP Front Month contract at 72.79p (from 75.00p). Visund remains on unplanned outage this morning and we see a flow level at 335mcm (334) Russian nominations showing Velke Kapusany at 40.9mcm (40.5) and Sudzha at 42.4mcm (42.4). Nord Stream remains unavailable. EU gas storage showing at 79.55% 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 €31, NO CHANGE to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €31, Front Season €37 (vs €31 and €38) Curve NBP Front Month 73p, Front Season 94p (vs 75p and 96p) UK Gas NBP spot 75p (from 75p) UK Power DA £66 (from £75) UK power prices show the UK Front Month Baseload contract at £65 (£68) and Front Season at £85 (£87). In other areas of the market Brent Oil is at $85 ($86) and EUAs are at €69 (€69). Henry Hub is at $2.34 ($2.37) and JKM is at $12.37 ($12.39) with TTF Equiv of $9.94 ($10.26). 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 - 23/04/2024 A bearish session to kick the week off after a series of series of bullish ones last week. Whilst the market has seen a bit of a rise and fall in recent weeks, it remains in its holding pattern for now with global news events still taking an impact on UK and European market direction. Tensions across the Middle East continue to hold some level of concern, whilst strong gas storage levels for next winter give some comfort of the effect required to refill by the end of the Summer period. Yesterday saw the TTF Front Month contract settle at €29.31 (from €30.76) and the NBP Front Month contract at 73.99p (from 77.40p). No unplanned outage this morning and we see a flow level at 330mcm (336). Russian nominations showing Velke Kapusany at 39.7mcm (37.7) and Sudzha at 42.4mcm (42.1). Nord Stream remains unavailable. EU gas storage showing at 62.12% 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 €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 €35 (vs €29 and €36) Curve NBP Front Month 74p, Front Season 91p (vs 77p and 94p) UK Gas NBP spot 73p (from 76p) UK Power DA £74 (from £77) UK power prices show the UK Front Month Baseload contract at £62 (£65) and Front Season at £81 (£83). In other areas of the market Brent Oil is at $87 ($87) and EUAs are at €66 (€69). Henry Hub is at $1.79 ($1.75) and JKM is at $10.53 ($10.50) with TTF Equiv of $9.15 ($9.62). 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