CNG Energy News

DAILY TRADING UPDATE:
Prices were again largely unchanged yesterday with no dramatic changes to fundamentals.

It has been a difficult time for everyone and that includes energy suppliers too. Business closures have led to lack of income and funds to pay their energy bills. But what does it mean for your business if your energy supplier goes out of theirs? https://bit.ly/3f6rKyx

For time and ease, you can make a payment, submit a quote and request a copy invoice via our website, head to: http://www.cngltd.co.uk

DAILY TRADING UPDATE:
Prices were fairly mixed yesterday, with some modest increases at the front end of the curve offset by equally modest falls further out.

This week marks 11 years since our Pricing Lead, Liam, joined CNG! His journey started in the Credit Control team, he then moved to manage Energy Connections for 7 years (!) before ending up in his current role taking on Analytics & Pricing! Congratulations Liam!

DAILY TRADING UPDATE:
Prices rose again yesterday mirroring bullishness in other commodity markets, while the prospect of cooler weather and higher gas for power demand this week also provided upward support. (1/2)

Keeping your business safe has always been top of the list, but with Cyber crime on the up it is important that your password security is too! Good password choice is one of the easiest ways to secure your business from online crime. See below for some password security tips:

DAILY TRADING UPDATE:
Across the 3 years prices have risen, the short term risk is that LNG send out across the UK is expected to drop as of 1st July along with there being a drop in Norwegian flows over the weekend. (1/2)

At CNG, we have always welcomed diversity and see it as a source of strategic strength. We aim to do more. It's time to reflect, as individuals, as an employer, and as a member of the community, on what we can do to build an inclusive society for all. https://bit.ly/2YzKzUB

DAILY TRADING UPDATE:
Prices across the market were down once again today with an increase in Norwegian flows to the UK. The market opened oversupplied so even with the colder weather coming across the UK the strong supply should keep prices stable.

DAILY TRADING UPDATE:
Prices are down across the 3 year period compared to the previous day. This may be due to a drop in oil prices. The UK system is also oversupplied with warm weather currently sweeping across the UK today. (1/2)

The Bounce Back Loan Scheme enables businesses to access finance quickly during the Coronavirus outbreak. The scheme helps SMEs to borrow up to £50,000 and is interest free for the first 12 months. For more information, head to our website: https://www.cngltd.co.uk/coronavirus

DAILY TRADING UPDATE:
Prices rose yesterday, with the front end buoyed by news off an unplanned outage impacting imports to the UK from Norway, while some further bullishness in oil supported prices further out.

DAILY TRADING UPDATE:
Prices fell slightly yesterday, with forecasts for this week turning even warmer than previously, while some supply disruptions seen last week also came to an end.

Pubs, hotels and hairdressers to be able to reopen on 4th July in the Governments latest easing of lockdown restrictions.

This week our Electricity Analyst Hannah is celebrating 12 years at CNG! Her journey began as an office junior at the age of 18, 2 weeks after finishing her last A Level exam before working in various departments and ending up in the Electricity team! Happy 12 years Hannah!

Although some businesses are now beginning to reopen, a large proportion are still continuing to operate from home and will be for some time. But just because time spent at home may have increased - energy bills don't have to follow! https://www.cngltd.co.uk/news/the-time-you-spend-at-home-may-be-increasing-but-the-cost-of-your-energy-bill-doesnt-have-to

DAILY TRADING UPDATE:
The market finished last week with another bullish day, though upward movements weren't as strong as days prior. (1/2)

Over 41% of SMEs rely on consultants to manage their energy supply, but at a time where operational costs and uncertainty are increasing and as a business you may be feeling very vulnerable, how can you be sure you are choosing the right partner?
https://www.cngltd.co.uk/news/how-as-an-sme-can-you-be-sure-you-are-choosing-the-right-energy-consultant-for-you

DAILY TRADING UPDATE:
Prices rose again yesterday quite sharply, with an expected slowdown in LNG send-out in Europe expected to reduce the rate of storage injections through Q3. (1/2)

We have been doing all we can to ensure business as usual for our customers throughout the pandemic, and even though we may all be working remotely, we are still delivering the same great customer service we always have.

DAILY TRADING UPDATE:
Gas prices rose yesterday, mirroring a upward bounce-back seen in oil prices which had seen losses earlier in the week. (1/2)

DAILY TRADING UPDATE:
Prices were again mixed yesterday, with warmer weather forecast for over the coming weeks weighing on the front end of the curve, while a small upward rebound in oil prices supported prices further out.

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