Brook Green Supply News

Wind generation dropped lower overnight, providing just over 7GW this morning, whilst gas burn generation picks up to provide c. 50% of the stack. #energymarkets

May 21 Brent is down $0.24/barrel, as US gasoline stocks rose unexpectedly and fuelled fears around demand. #energymarkets #stockmarkets

Gas and oil are drifting slightly higher this morning whilst carbon has begun to retreat. #energytwitter

Gas is yet to trade but looks to open higher whilst carbon and oil point upwards. #energymarkets

May 21 NBP is down 0.53p/therm despite delayed LNG arrivals and a short NTS on the first day of the month. #energymarkets

Carbon and oil push higher as gas is slow to get moving following the Apr 21 contract expiring. #energy #energymarkets

Gas and oil trade close to settlement this morning whilst carbon pushes higher. #energymarkets #dailyupdate

See this week's energy market update - #suezcanal blockages spurred contracts to post weekly gains with #LNG and #Oil supply fears being stoked. https://brookgreensupply.com/insight/https-www-brookgreensupply-com-insight-weekly-energy-market-update-29-03-2021

Gas, carbon, and oil all dip lower this morning, likely helped by news of the #EVERGIVEN being partially dislodged after spending a week blocking the #Suez.

May 21 Brent is up $1.32/barrel as #oilandgas tankers continued to be diverted due to #Suez blockage.

Gas moves higher despite carbon and oil currently trading below settlement. #energymarkets

Apr 21 NBP is up 1.20p/therm, reduced production from Norway could be providing support despite generally bearish fundamentals. #energytrading

#windgeneration has picked up from yesterday’s lows, currently outputting c. 7GW whilst gas continues to contribute over 40%. #energymarkets

Contracts tumbled across the energy complex last week, despite carbon proving volatile and dragging gas and power pricing with it multiple times across the week. See the full update here https://www.brookgreensupply.com/insight/weekly-energy-market-update-22-03-2021

May 21 Brent is down $0.53/barrel with additional European countries entering new #lockdowns, sparking demand recovery fears. #energymarkets

Wind load factors dipped overnight and currently, there is only 4.8GW of wind output on the grid, with gas filling the gap at 18.6GW. #energymarkets

May 21 Brent is down $0.78/barrel as official data highlighted US crude and fuel inventory rises whilst pauses to Oxford-Astra Zeneca vaccine rollouts in some countries and supply issues in others, is putting strain on-demand recovery expectations.

Gas trades lower whilst carbon and oil recover some of yesterday’s losses. #energymarkets

May 21 Brent is up $0.63/barrel as demand worries persist with a series of European countries suspending vaccinations using Astra Zeneca’s product due to some reported cases of blood clots.

Gas trades lower this morning due to a weak carbon opening.

#energymarketupdate #gasprices #carbonprices

Gas, carbon, and oil all point downwards this morning after strong gains yesterday. #energymarkets

Gas and carbon are flat to settlement in a slow start for the commodities whilst oil pushes higher at the open. #energy

Forecasts of high wind levels for the next 3-4 days led to a fall in gas demand to well below seasonal norms, with wind contributing 33% of generation to the grid this morning.

May 21 Brent is down $0.27/barrel, on a stronger US dollar and receding fears of disruption to Saudi exports. #energytrading #DailyUpdate

See this week's #energymarket update - "Last week saw the complex post gains due to strength late in the week." https://bit.ly/3qmrZu5