• ENERGY PROCUREMENT
    As energy markets become increasingly complex, the vast array of pricing options and contract structures available to large energy users can prove daunting...
  • RISK MANAGEMENT
    Kore Energy has developed a proven risk management strategy, focusing on budget protection and cost optimisation....
  • MARKET INTELLIGENCE
    We continually track and evaluate what is happening in the market and provide concise reports to our risk management clients on a daily basis...
  • CARBON MANAGEMENT
    Managing your exposure to the carbon market is an essential ingredient in energy price risk management...
  • RISK MANAGEMENT
    Kore Energy has developed a proven risk management strategy, focusing on budget protection and cost optimisation...
  • MARKET INTELLIGENCE
    We continually track and evaluate what is happening in the market and provide concise reports to our risk management clients on a daily basis...
  • CARBON MANAGEMENT
    Managing your exposure to the carbon market is an essential ingredient in energy price risk management...

Archived Summaries

Wednesday 15 August 2018
Market Close
T
he Energy Information Administration reported a surprisingly large build of 6.8 million barrels to U.S. crude oil stocks for the

last week and prices tanked. Brent for October shed $1.70 to close at a four-month low of $70.76 a barrel. The decline in the crude oil price along with lower coal prices weighed on UK gas futures as contracts declined by an average of 0.80p. UK gas demand was reduced due to a lower requirement for gas fired generation in the power stack and prompt prices eased by up to 1.30p.

Our Clients

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Market Update

  • Tuesday 18 September 2018:The oil market remains remarkably stable with Brent crude easing by 4 cents on Monday to settle at $78.18 a barrel while WTI fell back to $68.91

  • Tuesday 18 September 2018:Recent increases in output by major producers would more than outweigh the loss of Iranian exports and there remains a threat of over-supply in the short term

  • Tuesday 18 September 2018:The UK supply system has settled into a steadier supply pattern than of late with the conclusion of most of the maintenance on the Norwegian system

  • Tuesday 18 September 2018:Despite a well-supplied system which opened with a 12MCM surplus over demand of 152MCM, prompt prices gained by an average of 1.95p on the day

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