In the first week of October, Brent oil futures for the Front-Month in the ICE market showed a consistent downward trend. On Monday, September 29, they reached their weekly maximum settlement price of $67.97 per barrel, which was already 3.1% lower than the previous Friday’s price. The decline continued until Thursday, October 2, when futures […]
In the first week of October, electricity demand rose in the Iberian Peninsula compared to the previous week. Portugal recorded the largest increase, up by 1.0%, despite the national holiday on Sunday, October 5, celebrating the Day of the Establishment of the Republic. In Spain, demand grew by 0.8%. In contrast, electricity demand declined in
TTF gas prices rose slightly in Week 39 of 2025 but remained within a narrow range. The gradual completion of maintenance works in Norway helped increase gas supply, while strikes in France disrupted LNG deliveries and limited imports. TTF gas futures on the ICE market for November 2025 delivery showed a modest increase during the
Europe: Electricity prices in Southeast and Central Europe surge in Week 39 of 2025 Read More »
During Week 39 of 2025, electricity market prices recovered significantly compared to Week 38 across Southeast European countries. All markets reported weekly average prices above €90/MWh, with Italy and Hungary exceeding €100/MWh. The increase was driven by rising weekly gas and CO2 emission allowance prices, even though electricity demand declined in most markets, along with
Europe: Brent oil, TTF gas and CO₂ futures show mixed trends in late September Read More »
In the fourth week of September, Brent oil futures for the Front-Month on the ICE market saw their weekly minimum settlement price of $66.57 per barrel on Monday, September 22. Prices rose throughout the week, reaching a weekly maximum settlement of $70.13 per barrel on Friday, September 26. This represented a 5.2% increase compared to
In the fourth week of September, average electricity prices increased in most major European markets compared to the previous week. Exceptions included Italy’s IPEX market, which fell slightly by 0.9%, and the MIBEL market of Spain and Portugal, which dropped 18%. France’s EPEX SPOT market saw the smallest increase at 34%, while the Nord Pool
In the week of September 22, electricity demand rose in most major European markets compared to the previous week. The United Kingdom and France saw the largest increases, at 5.6% and 5.3% respectively, continuing the upward trend observed the prior week. Belgium recorded the smallest increase, 2.2%, reversing the downward trend from the previous two
Europe: Solar and wind energy trends show mixed performance in late September 2025 Read More »
During the week of September 22, solar photovoltaic (PV) energy production declined across major European electricity markets, reversing the growth observed the previous week. Germany experienced the largest drop at 34%, followed by Italy and France with decreases of 27% and 26%, respectively. In the Iberian Peninsula, the declines were more moderate, with Spain’s PV
Europe: EU plans tariffs on Russian oil to curb dependence and push diversification Read More »
The European Commission is preparing to introduce tariffs on Russian oil that continues to enter the European market. Spokesman Olof Gill confirmed that the details of the plan will be presented shortly. The announcement follows a statement by Commission President Ursula von der Leyen after her recent meeting with US President Donald Trump, where she
Europe: TTF gas prices slide as EU prepares new sanctions on Russian energy Read More »
TTF natural gas prices continued their downward trend ahead of the heating season, with only modest daily fluctuations of a few tenths of a euro. In the third week of September, abundant liquefied natural gas (LNG) supply, mild temperatures reducing gas demand, and high wind energy output kept TTF gas futures below €33/MWh. By the
