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 […]
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
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 futures see price increases in January Read More »
In the third week of January 2025, Brent oil futures saw an increase, surpassing $80 per barrel in most sessions, with the exception of Tuesday, January 14, when prices dipped to their weekly minimum of $79.92/bbl. On January 15, prices surged by 2.6% to reach their weekly maximum of $82.03/bbl, the highest since August 13,
In the second week of January, Brent oil futures for the Front Month in the ICE market experienced price increases in most sessions, reaching a weekly maximum settlement price of $79.76 per barrel on Friday, January 10. This represented a 4.2% increase from the previous Friday and the highest price since October 8, 2024. Despite
