Brent oil futures for the front month on the ICE market reached a weekly high of $74.78 per barrel on Monday, February 24. However, prices declined in the following days, hitting a weekly low of $72.53 per barrel on February 26—the lowest level since December 11, 2024, according to AleaSoft Energy Forecasting. Although prices rebounded […]
In the fourth week of February, electricity prices rose across most major European markets compared to the previous week. However, exceptions were seen in Italy’s IPEX market and the Nordic region’s Nord Pool market, where prices fell by 11% and 26%, respectively. Among the markets analyzed by AleaSoft Energy Forecasting, the highest price increase was
Europe: Natural gas prices decline amid expectations of Russian supply resumption Read More »
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.
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 »
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
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
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
Brent oil futures for the front month in the ICE market reached a weekly high of $76.20 per barrel on Tuesday, February 4. Following this, settlement prices remained below $75 per barrel for the rest of the week. On February 6, the futures registered their weekly low, settling at $74.29 per barrel—this marked the lowest
Europe: Natural gas prices soar amid tight supplies and depleting inventories Read More »
In the final days of January 2025, European natural gas prices surged to a 15-month high, driven by dwindling inventories and concerns over future supply disruptions. TTF gas futures for March 2025 delivery, traded on the ICE market, saw a notable increase compared to the previous week, surpassing €47/MWh throughout the week. From January 29
Europe: Brent oil, TTF gas and CO2 emissions prices see fluctuations in late January Read More »
In the final week of January, settlement prices for Brent oil futures in the ICE market reached their weekly peak of $77.49 per barrel on Tuesday, January 28. However, subsequent sessions saw prices remain below the $77 mark, with the lowest price recorded on January 29 at $76.58 per barrel. This represented the lowest settlement
