Gas Industry

Europe: Natural gas prices decline amid expectations of Russian supply resumption Read More »

Europe: Natural gas prices decline amid expectations of Russian supply resumption

Natural gas prices at the Title Transfer Facility (TTF), Europe’s most liquid gas trading hub, have eased this week as expectations rise for a potential Ukraine peace deal. Analysts suggest that Ukrainian transit remains the most viable option for increasing Russian pipeline flows to Europe. As a result, TTF front-month prices dropped by 14.6% week-on-week. […]

Europe: Brent oil, TTF gas and CO2 futures prices decline in February amid supply and demand shifts Read More »

Europe: Brent oil, TTF gas and CO2 futures prices decline in February amid supply and demand shifts

During the third week of February, settlement prices for Brent oil futures in the ICE market showed an upward trend in most sessions. As a result, on Thursday, February 20, these futures reached a weekly high of $76.48 per barrel. However, the price dropped by 2.7% on Friday, February 21, reaching its lowest point of

Europe: Gas prices soar and decline amid political speculation and weather changes Read More »

Europe: Gas prices soar and decline amid political speculation and weather changes

European gas prices peaked on Monday, February 10th, 2025, before experiencing a significant decline, easing some of the financial pressure on consumers. Gas contracts, which had reached their highest levels since 2023, saw a sharp drop afterward. In the ICE market, TTF gas futures for March 2025 delivery dropped during the second week of February

Region: SEE electricity prices surge amid cold weather and lower renewable output Read More »

Region: SEE electricity prices surge amid cold weather and lower renewable output

In Week 07 of 2025, electricity prices in Southeast Europe (SEE) saw an uptick due to increased demand and a reduction in wind and solar energy generation. Although gas prices fell in the latter half of the week, the overall weekly average price remained slightly higher compared to the previous week. Electricity prices across the

Europe: Brent oil, TTF gas and CO2 futures see fluctuating prices in February’s second week amid global market concerns Read More »

Europe: Brent oil, TTF gas and CO2 futures see fluctuating prices in February’s second week amid global market concerns

During the second week of February, Brent oil futures for the Front Month in the ICE market reached their highest settlement price of the week on Tuesday, February 11, at $77.00/bbl. This marked the highest price since late January. However, in the following days, prices began to decline. By Friday, February 14, Brent oil futures

Europe: Electricity prices rise in February’s second week, but forecasts predict decline ahead Read More »

Europe: Electricity prices rise in February’s second week, but forecasts predict decline ahead

In the second week of February, average electricity prices in most major European markets saw an increase compared to the previous week. Prices maintained an upward trend during the early part of the week but dipped over the weekend, which limited the overall rise in weekly averages. The MIBEL market in Portugal and Spain, however,

Europe sees drop in solar and wind energy production in February 2025 Read More »

Europe sees drop in solar and wind energy production in February 2025

In the week of February 10, solar photovoltaic energy production declined across major European electricity markets compared to the previous week. This downturn followed two consecutive weeks of increases in solar energy generation. The German and Portuguese markets saw the most significant drops, with a 38% decrease in Germany and 17% in Portugal, compared to

Europe: Natural gas prices surge to 18-month high amid depleting inventories and supply concerns Read More »

Europe: Natural gas prices surge to 18-month high amid depleting inventories and supply concerns

European natural gas prices have surged to an 18-month high, driven by fast-depleting gas inventories and concerns about future supply. In the first week of February 2025, TTF gas futures for March delivery rose significantly, surpassing €52/MWh. On Tuesday, February 4, TTF gas futures hit a weekly low of €52.048/MWh, which was 3.2% lower than

SEE electricity market trends: Price surge, rising demand, and shifts in energy generation Read More »

SEE electricity market trends: Price surge, rising demand, and shifts in energy generation

In Week 06 of 2025, electricity prices across the South Eastern (SEE) European markets experienced a slight increase, influenced by higher demand, a reduction in wind energy generation, and a significant rise in TTF gas futures, which reached their highest settlement in two years. All SEE markets saw electricity prices surge, except for Türkiye. Bulgaria

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