There were further price falls in the Nordic energy market last week. The forecasts indicate relatively clearly that the weather will become both milder and wetter from the end of week 10. The temperatures will rise to only a couple of degrees below the norm, while the precipitation volumes are set to increase. Fuel prices are also falling; both coal and gas for delivery in 2019 have fallen significantly during the last couple of weeks. The forward prices therefore also fell last week. Q2-18 fell by EUR 1.51/MWh to EUR 27.31/MWh, while YR-19 closed at EUR 26.30/MWh on Monday, EUR 0.65/MWh lower than the previous week.
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June 18 2018. Monday, the oil price has dropped to the lowest level since April. A trade war between the US and China and an upcoming OPEC summit, are the main factors on the market.
Sopiva riskienhallintastrategia on kannattava sijoitus
The last week has been characterised by high levels of volatility in the market. A change in the weather forecast and a carbon emissions allowance market experiencing pressure, combined with a slightly lower fuel complex, has pushed down the prices.