Auxilione

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 - 05/11/2024 Yesterday saw the start of the week unwind the losses enjoyed on Friday as official confirmation of any new transit deal failed to materialise and no capacity being booked to flow Russian gas past the current deals expiry at the end of the year put us back to where we were. With lower renewable output, power spot prices have held high values in recent days but warmer temperatures have held off domestic heating season getting fully underway which will be helping balance the gas for power demand. Yesterday saw the TTF Front Month contract settle at €40.30 (from €39.18) and the NBP Front Month contract at 102.46p (from 99.18p). Visund on unplanned outage this morning and we see a flow level at 325mcm (339) Russian nominations showing Velke Kapusany at 41.2mcm (42.1) and Sudzha at 42.3mcm (42.0). Nord Stream remains unavailable. EU gas storage showing at 95.20% 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 €41, UP €1 to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €41, Front Season €39 (vs €40 and €38) Curve NBP Front Month 102p, Front Season 95p (vs 99p and 93p) UK Gas NBP spot 102p (from 98p) UK Power Base spot £116 (from £106) UK power prices show the UK Front Month Baseload contract at £86 (£83) and Front Season at £75 (£73). In other areas of the market Brent Oil is at $75 ($73) and EUAs are at €65 (€64). Henry Hub is at $2.78 ($2.66) and JKM is at $13.48 ($13.48) with TTF Equiv of $12.87 ($12.48). 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 - 04/11/2024 Whilst the market held on to the positive news surrounding a deal to flow Azeri gas through Ukraine when the Russian transit deal ends at the end of the year in Fridays session, it remains unclear as to whether a deal is actually agreed or not – with rumours suggesting there are, or have been, talks going on whilst others deny there is any deal done.      Whilst the market waits for confirmation either way, it enjoyed a downward session on Friday. Temperature forecasts for the coming days and weeks showing warmer than seasonal normal which may also give some confidence to the market. Friday saw the TTF Front Month contract settle at €39.18 (from €40.59) and the NBP Front Month contract at 99.18p (from 103.36p). No unplanned outage this morning and we see a flow level at 339mcm (335) Russian nominations showing Velke Kapusany at 42.1mcm (42.5) and Sudzha at 42.0mcm (42.4). Nord Stream remains unavailable. EU gas storage showing at 95.21% 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 €39, NO CHANGE to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €39, Front Season €38 (vs €39 and €39) Curve NBP Front Month 99p, Front Season 93p (vs 103p and 97p) UK Gas NBP spot 98p (from 97p) UK Power Base spot £106 (from £92) UK power prices show the UK Front Month Baseload contract at £83 (£85) and Front Season at £73 (£73). In other areas of the market Brent Oil is at $73 ($73) and EUAs are at €64 (€65). Henry Hub is at $2.66 ($2.71) and JKM is at $13.48 ($13.62) with TTF Equiv of $12.48 ($12.93). 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 - 01/11/2024 Welcome along to November – and it’s an exciting start already. A rather uneventful day until towards the close when, once again, unconfirmed reports of a potential transit deal to bring an alternative supply of gas into Ukraine when the Russian flow expires at the end of the year circulated in the closing hour – causing the market to quickly shed some premium, as much as 6% in places vs the previous days settlement. Whilst it has not yet been confirmed, just like around a month ago, the market appears to show belief in there being a deal being possible and it continues to fall in early trading, with a further 4% off against the settlement. Time will tell as to whether this is indeed a genuine deal done – but to have a similar rumour twice in a matter of weeks suggests talks are least taking place – and the market seems to like the idea. Yesterday saw the TTF Front Month contract settle at €40.59 (from €41.38) and the NBP Front Month contract at 103.36p (from 104.74p). No unplanned outage this morning and we see a flow level at 335mcm (337) Russian nominations showing Velke Kapusany at 42.5mcm (38.4) and Sudzha at 42.4mcm (42.4). Nord Stream remains unavailable. EU gas storage showing at 95.20% 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 €39, DOWN €2 to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €39, Front Season €39 (vs €41 and €40) Curve NBP Front Month 103p, Front Season 97p (vs 105p and 97p) UK Gas NBP spot 97p (from 101p) UK Power Base spot £92 (from £91) UK power prices show the UK Front Month Baseload contract at £85 (£91) and Front Season at £73 (£76). In other areas of the market Brent Oil is at $73 ($73) and EUAs are at €65 (€65). Henry Hub is at $2.71 ($2.85) and JKM is at $13.62 ($13.52) with TTF Equiv of $12.93 ($13.18). 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 - 01/11/2024 Welcome along to November – and it’s an exciting start already. A rather uneventful day until towards the close when, once again, unconfirmed reports of a potential transit deal to bring an alternative supply of gas into Ukraine when the Russian flow expires at the end of the year circulated in the closing hour – causing the market to quickly shed some premium, as much as 6% in places vs the previous days settlement. Whilst it has not yet been confirmed, just like around a month ago, the market appears to show belief in there being a deal being possible and it continues to fall in early trading, with a further 4% off against the settlement. Time will tell as to whether this is indeed a genuine deal done – but to have a similar rumour twice in a matter of weeks suggests talks are least taking place – and the market seems to like the idea. Yesterday saw the TTF Front Month contract settle at €40.59 (from €41.38) and the NBP Front Month contract at 103.36p (from 104.74p). No unplanned outage this morning and we see a flow level at 335mcm (337) Russian nominations showing Velke Kapusany at 42.5mcm (38.4) and Sudzha at 42.4mcm (42.4). Nord Stream remains unavailable. EU gas storage showing at 95.20% 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 €39, DOWN €2 to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €39, Front Season €39 (vs €41 and €40) Curve NBP Front Month 103p, Front Season 97p (vs 105p and 97p) UK Gas NBP spot 97p (from 101p) UK Power Base spot £92 (from £91) UK power prices show the UK Front Month Baseload contract at £85 (£91) and Front Season at £73 (£76). In other areas of the market Brent Oil is at $73 ($73) and EUAs are at €65 (€65). Henry Hub is at $2.71 ($2.85) and JKM is at $13.62 ($13.52) with TTF Equiv of $12.93 ($13.18). 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 - 31/10/2024 A decrease in price levels seen yesterday as potentially some profit taking at these levels takes place and relaxes the market a little. Temperature forecasts for the coming days are above seasonal normal, which has changed significantly in recent weeks a number of times. Gas storage now starts to show withdrawals, albeit small declines in values and still holds close to 95%. New front month contracts shown today as we reach the end of the month and November delivery contracts expire. Yesterday saw the TTF Front Month contract settle at €41.38 (from €42.87) and the NBP Front Month contract at 104.74p (from 107.22p). No unplanned outage this morning and we see a flow level at 337mcm (336) Russian nominations showing Velke Kapusany at 38.4mcm (40.7) and Sudzha at 42.4mcm (42.3). Nord Stream remains unavailable. EU gas storage showing at 95.22% 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 €41, NO CHANGE to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €41, Front Season €40 (vs €41 and €41) Curve NBP Front Month 105p, Front Season 97p (vs 107p and 100p) UK Gas NBP spot 101p (from 108p) UK Power Base spot £91 (from £103) UK power prices show the UK Front Month Baseload contract at £91 (£96) and Front Season at £76 (£77). In other areas of the market Brent Oil is at $73 ($71) and EUAs are at €65 (€67). Henry Hub is at $2.85 ($2.86) and JKM is at $13.52 ($13.69) with TTF Equiv of $13.18 ($13.57). 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 - 30/10/2024 A fairly flat day seen in yesterdays session with little movement across the curve. Prices therefore continuing to hold at these levels for now whilst we approach the end of October, the first delivery month of the winter season, and head towards November which has seen some temperature forecast fluctuations in recent days. Underlying fundamentals remain unchanged and concerns around activities in the Middle East and also those on the Ukraine-Russia border continue – perhaps now with an eye on the outcome of the US elections next week which may influence both energy and foreign policy depending on the outcome. Yesterday saw the TTF Front Month contract settle at €42.87 (from €42.52) and the NBP Front Month contract at 107.22p (from 106.91p). Skarv on unplanned outage this morning and we see a flow level at 336mcm (338) Russian nominations showing Velke Kapusany at 40.7mcm (38.4) and Sudzha at 42.3mcm (42.1). Nord Stream remains unavailable. EU gas storage showing at 95.32% 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 €42, DOWN €1 to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €42, Front Season €41 (vs €43 and €41) Curve NBP Front Month 107p, Front Season 100p (vs 107p and 99p) UK Gas NBP spot 108p (from 106p) UK Power Base spot £103 (from £104) UK power prices show the UK Front Month Baseload contract at £96 (£94) and Front Season at £77 (£77). In other areas of the market Brent Oil is at $71 ($71) and EUAs are at €67 (€66). Henry Hub is at $2.86 ($2.31) and JKM is at $13.69 ($13.76) with TTF Equiv of $13.57 ($13.48). 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 - 30/10/2024 A fairly flat day seen in yesterdays session with little movement across the curve. Prices therefore continuing to hold at these levels for now whilst we approach the end of October, the first delivery month of the winter season, and head towards November which has seen some temperature forecast fluctuations in recent days. Underlying fundamentals remain unchanged and concerns around activities in the Middle East and also those on the Ukraine-Russia border continue – perhaps now with an eye on the outcome of the US elections next week which may influence both energy and foreign policy depending on the outcome. Yesterday saw the TTF Front Month contract settle at €42.87 (from €42.52) and the NBP Front Month contract at 107.22p (from 106.91p). Skarv on unplanned outage this morning and we see a flow level at 336mcm (338) Russian nominations showing Velke Kapusany at 40.7mcm (38.4) and Sudzha at 42.3mcm (42.1). Nord Stream remains unavailable. EU gas storage showing at 95.32% 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 €42, DOWN €1 to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €42, Front Season €41 (vs €43 and €41) Curve NBP Front Month 107p, Front Season 100p (vs 107p and 99p) UK Gas NBP spot 108p (from 106p) UK Power Base spot £103 (from £104) UK power prices show the UK Front Month Baseload contract at £96 (£94) and Front Season at £77 (£77). In other areas of the market Brent Oil is at $71 ($71) and EUAs are at €67 (€66). Henry Hub is at $2.86 ($2.31) and JKM is at $13.69 ($13.76) with TTF Equiv of $13.57 ($13.48). 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 - 29/10/2024 Markets unwound the gains seen late last week after retaliatory strikes by Israel on Iran avoided energy infrastructure – receding some of the premium gained in recent sessions. Markets however remain considerably nervous and hold considerable premium. Cooler temperature forecasts for the coming days also appear to have receded in the latest forecasts and are once again much closer to seasonal norms. Yesterday saw the TTF Front Month contract settle at €42.52 (from €43.51) and the NBP Front Month contract at 106.91p (from 110.13p). No unplanned outage this morning and we see a flow level at 338mcm (332) Russian nominations showing Velke Kapusany at 38.4mcm (39.2) and Sudzha at 42.1mcm (41.9). Nord Stream remains unavailable. EU gas storage showing at 95.31% 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 €43, NO CHANGE to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €43, Front Season €41 (vs €43 and €41) Curve NBP Front Month 107p, Front Season 99p (vs 110p and 101p) UK Gas NBP spot 106p (from 106p) UK Power Base spot £104 (from £94) UK power prices show the UK Front Month Baseload contract at £94 (£95) and Front Season at £77 (£79). In other areas of the market Brent Oil is at $71 ($76) and EUAs are at €66 (€67). Henry Hub is at $2.31 ($2.56) and JKM is at $13.76 ($13.80) with TTF Equiv of $13.48 ($13.79). 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 - 28/10/2024 Markets closed at their highest levels seen for some time on Friday as colder forecasts for early November and continued concerns around activities in the Middle East pushed the premium higher still. Below seasonal normal temperatures are expected in the coming days may see the start of gas storage withdrawals, although the levels still remain close to 95% - significantly above the mandated threshold of 90% by 1st November. Friday saw the TTF Front Month contract settle at €43.51 (from €42.15) and the NBP Front Month contract at 110.13p (from 106.38p). Kollsnes on unplanned outage this morning and we see a flow level at 332mcm (322) Russian nominations showing Velke Kapusany at 39.2mcm (37.9) and Sudzha at 41.9mcm (42.4). Nord Stream remains unavailable. EU gas storage showing at 95.53% 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 €43, DOWN €1 to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €43, Front Season €41 (vs €44 and €40) Curve NBP Front Month 110p, Front Season 101p (vs 106p and 99p) UK Gas NBP spot 106p (from 106p) UK Power Base spot £94 (from £106) UK power prices show the UK Front Month Baseload contract at £95 (£93) and Front Season at £79 (£78). In other areas of the market Brent Oil is at $76 ($74) and EUAs are at €67 (€67). Henry Hub is at $2.56 ($2.52) and JKM is at $13.80 ($13.72) with TTF Equiv of $13.79 ($13.35). 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