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 […]
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
In the fifth week of January 2025, electricity market prices in Southeast Europe (SEE) experienced a decline due to stable electricity demand and an increase in wind energy production. All SEE markets saw price reductions, with two-digit decreases, except Italy. Romania and Hungary experienced the highest percentage drops in electricity prices at -23.41% and -23.31%,
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
Europe: Electricity prices fall in late January, set to rise in early February Read More »
In the final week of January, average prices across the major European electricity markets experienced a decline. The IPEX market in Italy saw the smallest decrease, dropping 7.8%, while the MIBEL market of Spain and Portugal witnessed the largest fall, with a 38% drop. Other markets observed price reductions ranging from 13% in the German
Europe: Gas prices surge in January 2025 amid storage concerns and LNG diversions Read More »
In the fourth week of January 2025, TTF gas futures in the ICE market saw a steady rise, holding at nearly €48/MWh throughout the week. On January 20th, TTF gas futures reached their weekly low settlement price at €47.853/MWh, which was 2.1% higher than the last session of the previous week but 0.8% lower than
In Week 04 of 2025, electricity prices in Southeast Europe (SEE) saw an upward trend due to higher demand and a decline in wind energy production. All SEE markets experienced price increases, with Hungary and Croatia registering the largest hikes at 10.30% and 7.74%, respectively. Other markets, including Bulgaria and Romania, also saw significant increases
In the fourth week of January, most major European electricity markets saw a decline in average prices. However, there were notable exceptions, with increases in the IPEX market of Italy (up 4.4%), the N2EX market of the United Kingdom (up 26%), and the Nord Pool market of the Nordic countries (up 164%). The MIBEL market,
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,
