Dutch wholesale gas prices dropped more than 10% in Week 26, following news of a ceasefire agreement between Iran and Israel that removed market fears of potential oil and gas supply disruptions. TTF gas futures on the ICE market, Europe’s benchmark for contracts delivering in August 2025, traded around €36/MWh for most of the week. […]
During the fourth week of June, Brent crude oil futures prices experienced a decline. On Monday, June 23, the price settled at $71.48 per barrel, already 7.2% lower than the last session of the previous week. Prices continued to fall on Tuesday, June 24, dropping 6.1% from Monday and reaching the week’s minimum settlement price
European gas prices increased by 11.4% during the week of June 16–22, 2025, driven by geopolitical tensions in the Middle East, increased cooling demand amid hotter-than-usual weather, and reduced wind power generation across the continent. On June 19, the TTF futures for the month ahead, traded on the ICE exchange, reached €41.6/MWh, marking the highest
Brent oil futures for the Front Month on the ICE market reached their lowest weekly settlement price of $73.23 per barrel on Monday, June 16. Prices then climbed, remaining above $75 per barrel for the rest of the week. The peak weekly settlement price was $78.85 per barrel on Thursday, June 19 — the highest
Europe: Brent oil and TTF gas prices surge amid Middle East tensions and supply concerns Read More »
Brent oil futures for the Front Month on the ICE market recorded their lowest weekly settlement price at $66.87 per barrel on Tuesday, June 10. For most sessions during the second week of June, settlement prices stayed below $70 per barrel. However, on Friday, June 13, these futures rose by 7.0% compared to the previous
Europe: Natural gas prices rebound amid maintenance and geopolitical tensions Read More »
European natural gas prices bounced back on Monday, June 2, after posting their first weekly loss in four weeks on Friday, May 30, amid growing concerns over storage levels. In the ICE market, TTF gas futures for July 2025 delivery remained relatively stable during the first week of June, hovering around €36/MWh. On June 2,
Brent oil futures for the Front Month in the ICE market recorded their lowest settlement price of the week, $64.63 per barrel, on Monday, June 2. Prices increased during most sessions throughout the first week of June, reaching a weekly high of $66.47 per barrel on Friday, June 6. This value was 4.0% higher than
Brent oil futures for the Front Month on the ICE market reached their highest settlement price of the week on Monday, May 19, at $65.54 per barrel. After that, prices declined, hitting the weekly low of $64.44 per barrel on Thursday, May 22. By Friday, May 23, prices had slightly recovered by 0.5 percent from
During the third week of May, Brent crude oil futures for the Front Month on the ICE market consistently settled above $65 per barrel in most trading sessions. The highest settlement price of the week was recorded on Tuesday, May 13, at $66.63 per barrel—the highest level since April 26. However, prices began to decline
In Week 19 of 2025, TTF gas futures experienced a significant rally, rising by 5.5%—the largest daily increase since mid-March. This surge was mainly driven by the European Union’s newly unveiled plan to completely phase out Russian gas imports by the end of 2027. The policy includes the termination of long-term contracts for Russian gas
