Todays Market Update – 15/01/2019 – Elec Prices Remain / Gas Prices Lower

This months gas contracts have fallen lower due to oversupply. Homes aren’t using as much gas as expected currently but that’s predicted to rise with colder weather coming at the end of the week.

Longer term gas contracts are also lower due to oil prices having fallen even more. China is experiencing an economic slowdown and as they are the second largest users of oil – that affects the whole market.

Electric prices remain the same, with no movement near term expected.

Get in touch with me at hamed@hamed.energy for more information or if you’d like to know how this affects you.