01 December 2006
The prompt was whacked yesterday in aggressive selling which although supported by a few generators seemed to have no effect. Day ahead and next week (Wk 49) were trading marginally above £30. This saw heavy pressure on the following week, January and Summer 07. Which are all still trading above where the day ahead and week 49 are.
Summer 07 broke £34 and is likely to continue to fall with the amount of gas around. But Winter 07 has remained at normal levels. Most feel that the sprak spread is still trading at a high level and it was sold down yesterday. Many view this as an area to trade more aggressively.
Market collapses on plentiful gas.
The market continues to freefall as players look at the fundmentals the colder it gets the more gas seems to be coming into the market and the more likley that system can cope. read more...
04 December 2006
The market continues to freefall as players look at the fundmentals the colder it gets the more gas seems to be coming into the market and the more likley that system can cope. read more...
Markets, Scots and Transmission
Markets continue their bearish drive, but players are beginning to look to January and February for guidance. A weather annoucement today may also have further bearish pressure on the market. read more...
05 December 2006
Markets continue their bearish drive, but players are beginning to look to January and February for guidance. A weather annoucement today may also have further bearish pressure on the market. read more...
Banks burst
Banks are looking to expand and grow in the commodities markets. read more...
06 December 2006
Banks are looking to expand and grow in the commodities markets. read more...
Market spikes on imbalances
Market blips up on fundamental supply worries. read more...
07 December 2006
Market blips up on fundamental supply worries. read more...
Its all a collusion
BNFL sells its trading business to British Energy a convenient fit some may think but in reality with the businesses being located next to each other in Gloucester it is no great surprise. read more...
08 December 2006
BNFL sells its trading business to British Energy a convenient fit some may think but in reality with the businesses being located next to each other in Gloucester it is no great surprise. read more...
Gas storage still full
All fundamentals do point to a lower prices but it is difficult to sell when the market fundamentals have not been fully tested. read more...
11 December 2006
All fundamentals do point to a lower prices but it is difficult to sell when the market fundamentals have not been fully tested. read more...
Market continues to fall
The market is responding to fundamentals, which are that if it is raining it is not too cold, and so demand is quite steady. Storage is full. read more...
12 December 2006
The market is responding to fundamentals, which are that if it is raining it is not too cold, and so demand is quite steady. Storage is full. read more...
Commissioner tightens grip on Utilities
Marketcontinues to ease as the EC commissioner shows some tough love. read more...
13 December 2006
Marketcontinues to ease as the EC commissioner shows some tough love. read more...
Market bounces
The market moves up on buyer pressure and oil and gas fears from abroad. read more...
14 December 2006
The market moves up on buyer pressure and oil and gas fears from abroad. read more...
Bulls reappear
The market has ticked up marginally on Friday and today with some early seling in the month of January but Winter and Summer or the non-movers. read more...
18 December 2006
The market has ticked up marginally on Friday and today with some early seling in the month of January but Winter and Summer or the non-movers. read more...
Slowly does it
The market continues to be dull and this is of no great surprise and traders concentrate on Christmas quizes and life in the slow lane. read more...
19 December 2006
The market continues to be dull and this is of no great surprise and traders concentrate on Christmas quizes and life in the slow lane. read more...
British Energy make annoucements
The market has responded with total lacklustre to the British Energy Annoucement. read more...
20 December 2006
The market has responded with total lacklustre to the British Energy Annoucement. read more...
Christmas Statistics
Christmas can make the mind boggle with numbers. The market remains steady and quiet and so Powerisk has decided to concentrate on festivities. read more...
21 December 2006
Christmas can make the mind boggle with numbers. The market remains steady and quiet and so Powerisk has decided to concentrate on festivities. read more...
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