Temperature will continue to drive power and gas prices in the short term, the latest market report suggests. The latest temperature forecast shows the UK should remain “in and around seasonal norms for the next week or so”, according to Ben Spry, Optimisation Desk Manager at npower. Last week however was a mixed week for […]
Russia could step in to save Cyprus from financial disaster and offer it a loan in exchange for a deal on the nation’s offshore gas assets, according to reports. The island’s Finance Minister Michael Sarris told reporters in Moscow: “There’s a lot of teams now working on a number of issues. Banks, natural gas, are […]
Last week we saw a rise in both power and gas, npower’s Magali Hodgson explains the reasoning behind this & the effect that various fundamentals are likely to take in the technical price action ahead.
The Advice The deteriorating “grim” world economic outlook should outweigh ‘kick-start’ monetary policy actions, give energy buyers pause for thought when looking at price contracts, according to a monthly price risk prediction from BuyEnergyOnline, the online energy market for businesses buying electricity and gas. Globe watch: need-to-know background Europe’s economy shrank 0.2% in the […]