
13 July 2006
The oil price has been badly effected by what looks to be a disproportional response to the frnge attacks on Israel.
So imagine that you live in the county of Yorkshire, and although you have never particularly liked the Lancastrian's you tolerate them because they are your neighbours, and if the truth be told Northerners are better than Southerners and that there is more that unites you than divides you. Then Ken Livingstone the London mayor comes along and says that he is going re-locate Buckinghamshire so that it sits directly on top of Yorkshire and Lancaster. Not surprisingly tensions rise, and over fifty years although no one likes war the bitterness runs deep. Suddenly in the space of two weeks, the Mayor of Lancaster (a war monger) attacks Buckinghamshire (just on the edge) seeing this the Yorkshire mob also attack. Buckinghamnshire, feeling aggrieved decide to respond with a disproportional response, this is not within the nature of war, but they have been persecuted for so long that the response has to be very strong.
None of this would matter if it wasn't for the fact that these three counties live and operate and are funded by one commodity, and this is a scarce resource that the rest of the world needs. As a result oil prices have risen vastly $76 and although many countries are immensely well stocked, the evidence is that these oil prices could continue to rise a bit further.
100 %
Oil worries continue to spook.
 
24 April 2006
Oil prices are supposedly spooking markets, power and gas have remained oblivious to it. But if Rough storage is slow to comeback on cue with American oil demand increasing then expect big price rises in Q3 06.  
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50 %
POWER PRICE UPDATE
 
16 December 2004
At this time of year, traders are looking to square out positions in order to crystallize bonuses. They also look at next year, as to the clever plays in which they can make some money  
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Weather Forecasts and Iranian Threats
 
27 January 2012
Forecast and outturn cold weather drove gas and coal prices this week which in turn had an impact on the power curve. Iran threatened to cut off crude supplies ahead of the EU's proposed July sanctions; a move that would impact EU nations as they seek to find alternative sources ahead of the import ban.  
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The downward trend comes to an end
 
22 July 2011
The Power market was finally knocked of its downward slide on 19th July with oil and gas prices helping to break the trend. Oil received a boost from lower than expected stock levels (again) and hopes that a US debt deal could be reached. While a Eurozone Emergency Summit was held to rescue the Euro and throw a further lifeline to Greece.  
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Energy Curves regain some of the Losses
 
01 July 2011
The energy markets have recovered from the 'plunging losses' seen earlier in June which dragged down fuel and power prices. Prices across the power curve all report strong week on week gains.  
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Fear factors and risk premia
 
16 August 2006
Risk premia and fear will always effect markets one study suggests that $20 + is the risk premia in oil and whilst one doubts it as high in power and gas it is there. What is clear is that as the market stabilises, confidence grows and the risk premias fall.  
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Middle East explodes in the markets
 
17 July 2006
The short term facts suggest that the market had to go higher, but this does not mean that we should see the back end of the curve rise inexorably as well. Some sellers are keeping a cap on the backend of the curve but the buyers also have to be disciplined.  
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