April 24, 2024
China's imports of liquefied natural gas (LNG) are on track to post their first major decline this year, as high prices and weak manufacturing due to COVID-19 lockdowns crimp demand for the super-chilled fuel. China became the world's top LNG buyer las
Delivery of Russian gas to Europe through Ukraine edged lower on Friday morning while flows from Germany to Poland via the Yamal pipeline were also down. Nominations for flows into Slovakia from Ukraine via the Velke Kapusany border point stood at 420,
Italian energy giant Eni signed a memorandum of understanding Thursday with Algeria's Sonatrach to boost gas exploration in the north African nation, as Rome seeks to reduce its reliance on Russia. It was penned during a state visit by Algerian Preside
STATISTICS
| Markets | 16/4Tuesday | 17/4Wednesday | 18/4Thursday | 19/4Friday | 22/4Monday | 23/4Tuesday | Var D-1 | Var W-1 | Avg. | Max | Min |
|---|---|---|---|---|---|---|---|---|---|---|---|
 Electricity | |||||||||||
| UK Cal 2025 base (GBP/MWh) | 83.01 | 79.82 | 81.23 | 78.60 | 76.95 | 76.09 | -1.11% | -8.34% | 73.62 | 86.23 | 64.81 |
 Oil | |||||||||||
| Brent USD/bbl (USD/bbl) | 90.02 | 87.29 | 87.11 | 87.29 | 87.00 | 88.42 | 1.63% | -1.78% | 83.30 | 91.17 | 75.89 |
 Economics | |||||||||||
| Rate GBP/EUR (GBP/) | 1.17 | 1.17 | 1.17 | 1.17 | 1.16 | 1.16 | 0.32% | -0.71% | 1.17 | 1.18 | 1.15 |
HEDGE REPORTING
VaR
2,855,849 GBP
Spent
7,237,718 GBP
