Tuesday 17 July 2018

Libyan exports put an end to oil’s “bull run”

Stay up to date with energy market changes over the last 7 days, with the Haven Power market report.

Here’s a summary of the week:

• Libyan oil exports were bearing down on previously high (bullish) power prices
• Low wind and high solar output continued for another week
• National Grid wasn’t stressed during England’s World Cup semi-final match
• Baseload contracts tracked movements in wider fuel commodities

 This market report is particularly relevant if you’re buying electricity flexibly, or about to sign or renew a fixed electricity contract. Getting these decisions right can reduce your vulnerability to price-peaks in the wholesale market and save you money.

For the details - and our weekly analysis of day-ahead power, imbalance prices, renewable power, seasonal contracts and annual power - simply check out the Haven Power website for the full market report.

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