npower’s Magali Hodgson talks through the mixed messages seen on the energy market over the last fortnight. If you would like the highlights in text, ECB financial stimulus fails to rally power prices.
Negative employment figures in Germany and US industry weaknesses affected gas prices, according to npower’s fortnightly market report. Magali Hodgson, npower Optimisation Desk Manager said “poor German employment data, disappointing US manufacturing data and low UK demand” meant gas prices finished down. In contrast oil prices “continue to make strong gains”, trading consistently above $120/bbl, […]