Clever Markets’ Post

Energy markets are correcting higher as expected - no surprise here. The intra-day chart offers clear upside targets for the corrective upleg. If we top out below those, eventual downside continuation is likely. Want to anticipate such market moves on your own? Send me a message to learn more about the technical analysis academy starting on 30 September. #TTF #energytrading

DAILY MARKET REPORT - 06/08/2024 After plenty of bullish sentiment seen last week, this week started with an end to that momentum as a corrective move was seen with a soft start to get the week underway. Global concerns around the economy also shifted financial markets in a similar direction, and no further escalation in the Middle East in recent days may have influenced energy markets also. Yesterday saw the TTF Front Month contract settle at €35.50 (from €36.65) and the NBP Front Month contract at 87.05p (from 89.80p). Dvalin on unplanned outage this morning and we see a flow level at 351mcm (356) Russian nominations showing Velke Kapusany at 39.0mcm (40.2) and Sudzha at 42.4mcm (42.3). Nord Stream remains unavailable. EU gas storage showing at 85.97% full as per AGSI+. LNG vessels due to arrive in UK next couple of weeks is 0. This morning we see the Front Month TTF contract at €36, NO CHANGE to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €36, Front Season €39 (vs €36 and €40) Curve NBP Front Month 87p, Front Season 101p (vs 90p and 104p) UK Gas NBP spot 78p (from 84p) UK Power DA £74 (from £60) UK power prices show the UK Front Month Baseload contract at £75 (£77) and Front Season at £87 (£89). In other areas of the market Brent Oil is at $76 ($77) and EUAs are at €69 (€71). Henry Hub is at $1.94 ($1.97) and JKM is at $12.45 ($12.52) with TTF Equiv of $11.42 ($11.75). 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

The topic for SEF's last entry in the RFO Summer Series is Pricing & Carbon. This entry provides a detailed analysis of how RFO fits into Pennsylvania's natural gas and No. 2 heating oil markets. Topics such as resiliency and carbon pricing mechanisms, are also covered. Interested? You can find it here. https://lnkd.in/eK2nzmmr #rfo #renewableenergy #resiliency #carboncost

⚡ Webinar Tomorrow: Power Market Updates – Q4 ⚡ Don’t miss the final instalment of EDF’s Talk Power series for 2025! 🗓 Date: Thursday, 21 November ⏰ Time: 15:00 - 15:45 Join James Chaplin, Senior Manager of Curve Trading, as he provides a comprehensive update on the power market, delving into the key factors driving current prices. Whether you’re navigating market volatility or planning your next strategy, this session offers essential insights to help you stay ahead. 🔗 Register here: https://lnkd.in/eXw9SUWS #PowerMarket #EnergyWebinar #TalkPower #EDF #EnergyTrading #MarketInsights #Sustainability

💼 Enhance your skills in energy trading with our "Basic Overview of Energy Hedging" on-demand course. Available 24/7/365, this 2-hour self-study program introduces you to key hedging strategies and tools, ensuring you’re prepared to manage risks effectively. Perfect for professionals looking to expand their knowledge at their own convenience. 🔗 Learn more and register: https://lnkd.in/gTC_w-nS #EnergyHedging #RiskManagement #ProfessionalDevelopment #OnlineTraining

DAILY MARKET REPORT - 03/04/2024 A bearish start to the month as we saw prices fall across the board in yesterdays session. EU gas storage sites will now start to look towards injections in readiness for next winter with an impressive 59% of capacity already in store. EU rules state that it must reach 90% by November. Last year that marker was reached by mid August, having started around 56%, so this year should be a similar time frame. Yesterday saw the TTF Front Month contract settle at €26.20 (from €27.34) and the NBP Front Month contract at 64.68p (from 68.05p). No unplanned outage this morning and we see a flow level at 342mcm (344). Russian nominations showing Velke Kapusany at 40.0mcm (39.2) and Sudzha at 42.4mcm (40.2). Nord Stream remains unavailable. EU gas storage showing at 58.71% 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 €26, NO CHANGE to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €26, Front Season €31 (vs €26 and €32) Curve NBP Front Month 65p, Front Season 81p (vs 68p and 83p) UK Gas NBP spot 63p (from 70p) UK Power DA £59 (from £67) UK power prices show the UK Front Month Baseload contract at £55 (£59) and Front Season at £75 (£77). In other areas of the market Brent Oil is at $89 ($87) and EUAs are at €59 (€62). Henry Hub is at $1.86 ($1.76) and JKM is at $9.47 ($9.54) with TTF Equiv of $8.28 ($8.65). 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

Check out this on-demand webinar to understand the impact of demand growth on the power markets. My ICF energy colleagues also share their views on the PJM, ERCOT, and WECC markets.

Check out this on-demand webinar to understand the impact of demand growth on the power markets. My ICF energy colleagues also share their views on the PJM, ERCOT, and WECC markets.

Check out this on-demand webinar to understand the impact of demand growth on the power markets. My ICF energy colleagues also share their views on the PJM, ERCOT, and WECC markets.

Check out this on-demand webinar to understand the impact of demand growth on the power markets. My ICF energy colleagues also share their views on the PJM, ERCOT, and WECC markets.