Weekly Price Update Report - Week 13 2019
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Energy Market ReportsWeekly Price Update Report - Week 13 2019

Weekly Price Update Report - Week 13 2019

Ian Mckenna

by Ian Mckenna 25 March 2019

Report Summary:

Lower demand and lower prices

week-on-week-changes

NBP Natural Gas & GB Power Market Movement

Consumption falling over 10%, well replenished gas stocks on the Continent and continued strong LNG were all drivers for continued market bearishness during the week.  Furthermore, the Coal, Carbon and the Oil markets all ended the week lower, with a particular stark fall in the Carbon market recorded thanks to high renewable power.  By close of play on Friday (22nd March) the April 2019 annual contracts for electricity and gas closed lower -2.92% and -2.49% respectively.

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