• 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

  • Monday 18 February 2019:Crude oil gained for a fourth consecutive day on Friday with Brent crude gaining $1.68 to settle at $66.25, up $4.74 a barrel, or 7.7%, over the 4 days

  • Thursday 21 February 2019:WTI gained for a sixth straight session and settled at a 3-month high of $57.15 a barrel while Brent crude gained 63 cents to settle at $67.08

  • Thursday 21 February 2019:Movement on the prompt gas market was limited to less than 0.50p on spot and day ahead contracts, although the week ahead gained 0.65p to align more closely with the front month contract on Wednesday

  • Thursday 21 February 2019:UK gas futures recorded more significant gains despite a further strengthening of the pound sterling with the front month up by 1.09p while the Summer 19 contracts gained 0.97p day-on-day

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