All forward curves on the wholesale energy November 2018 markets fell throughout the month from a November contract starting point of £64/MWh to finish on £59/MWh with a monthly low annual forward curve price of £56.
From a starting point of $85 we saw October 2018 prices fall back to $75 primarily due to the a report by the International Monetary Policy who have given a gloomy outlook for global growth.
Crude Oil prices rose through September 2018 from a starting mark of $77 to finish the month strongly on $85, an in month increase of just over 10%. A significant amount of the justification for the increases was passed through to US sanctions on Iran with calls for an OPEC increase in production ignored.
The day ahead curve followed a weakening gas market and stronger wind generation as we saw prices opening the New Year at £54/MWh before gradually falling off to finish the month just under £49/MWh.
The near curve market rose to a peak of £59/MWh from an opening point of £54/MWh before falling back to finish the month as it started on £54/MWh.