Latest Updates

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Monthly Market Update – July 2024

August 13, 2024

Monthly Market Update – July 2024

Volatility returned to the market over the course of July with electricity and gas prices falling quite significantly at the start of the month before increasing towards the month’s close. Overall, the bull run at the end of the month was enough to see prices close at a higher level than where it started.

Monthly Market Update – June 2024

July 8, 2024

Monthly Market Update – June 2024

After an initial drop in price over the first few days of June prices then traded within a narrow range for the rest of the month before picking back up again towards the close. Overall the losses at the start of the month were enough to ensure that prices closed at a slightly lower point […]

Monthly Market Update – May 2024

June 7, 2024

Monthly Market Update – May 2024

The month of May was a bullish one for electricity and gas prices however the price per barrel for Brent Crude oil was relatively stable throughout. The bull run for electricity and gas prices ran out of steam somewhat for the last week of the month but ultimately both commodities ended up at higher levels […]

Monthly Market Update – April 2024

May 20, 2024

Monthly Market Update – April 2024

Gas and electricity prices saw bullish movement over the first half of April, however momentum then shifted from the middle of the month onwards as prices started to decline somewhat. However the losses we saw were not enough to counteract the upward movement from the start of the month therefore prices closed at higher levels […]

Monthly Market Update – March 2024

April 11, 2024

Monthly Market Update – March 2024

The bullish momentum we saw at the back end of February continued into March however prices then fell for 4 consecutive days before picking up again as the month progressed. Overall electricity, gas and oil prices increased in value over the month of March.

Monthly Market Update – February 2024

March 12, 2024

Monthly Market Update – February 2024

Electricity and gas prices tumbled throughout the majority of February however momentum shifted towards the end of the month when the bulls started to get a firmer grip on energy markets.

Monthly Market Update – January 2024

February 9, 2024

Monthly Market Update – January 2024

After a few bullish days at the start of January electricity and gas prices continued the decline that we saw through most of December including quite steep losses towards the middle of the month. However electricity and gas prices then started to take a similar route to the oil market with the latter half of […]

Reduction Reward Scheme – Customer Success Story

January 16, 2024

Reduction Reward Scheme – Customer Success Story

What is the Reduction Rewards Scheme? Financial incentives are on offer for energy users who are making money by reducing their consumption during certain times. The Electricity System Operator (ESO) for Great Britain has successfully trialled and launched a game changing scheme called Demand Flexibility Service. CUB UK are the only directly registered approved energy […]

Monthly Market Update – December 2023

January 10, 2024

Monthly Market Update – December 2023

The downward momentum that we witnessed from the previous month was carried into December at some pace. We did then hit one or two bumpy patches towards the latter half of the month – which can be expected this time of year –  but electricity and gas markets maintained their bearish stance and ultimately closed […]