• 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

Friday 12 October  2018
Market Open
The energy markets have all switched direction this morning with crude oil, UK gas and power all trading higher. Brent crude for December delivery traded

below $80 a barrel briefly yesterday before settling at $80.24, but overnight trading in Asian markets has seen the global benchmark add 65 cents a barrel as stock markets there recover from sharp losses over recent weeks. Gas futures on the NBP have added up to a penny in early trading as sterling slips after hopes of a Brexit deal had supported the pound this week. UK gas demand is pitched at 178MCM for today and supplies are long by 9MCM, but prompt prices have yet to react.

Our Clients

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Market Update

  • Tuesday 16 October  2018:On the prompt power market, the day ahead baseload price gained £2.80/MWh tracking the NBP gas price higher on the day

  • Tuesday 16 October 2018:Crude oil edged slightly higher again on Monday as tensions between Saudi Arabia and Western Allies increased over the killing of a dissident Saudi reporter who worked for the Washington Post

  • Tuesday 16 October 2018:Demand on the UK gas system increased to around seasonal norm yesterday as temperatures fell to levels more typical for this time of the year

  • Tuesday 16 October  2018:Early gains on prompt and near futures gas contracts were pared back as the system recovered balance in the afternoon but within day and day ahead still closed 2.40p and 3.20p up on Friday's closing levels

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