Energy Market Update - 17 March 2025
Kevin Lumley Kevin Lumley

Energy Market Update - 17 March 2025

Energy markets remained largely rangebound on Friday, with gas and power prices edging higher amid ongoing geopolitical uncertainty and storage policy discussions. Despite market hopes for progress in ceasefire negotiations, no resolution has been reached, keeping traders cautious.

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Energy Market Update - 14 March 2025
Kevin Lumley Kevin Lumley

Energy Market Update - 14 March 2025

Energy markets remained relatively stable for most of the session before a sharp sell-off in the final hour of trading, triggered by comments from President Putin regarding the proposed ceasefire in Ukraine. His statement that Russia was open to a peace agreement but required conditions, including securing Russian-occupied land and preventing NATO expansion, created uncertainty. He also referenced potential US-Russian cooperation on energy, specifically mentioning a “pipe to Europe,” widely believed to be a reference to Nord Stream 2. While no immediate policy changes have been made, the mere mention of these topics had an instant impact on European gas markets, with prices declining sharply towards the close.

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Energy Market Update - 13 March 2025
Kevin Lumley Kevin Lumley

Energy Market Update - 13 March 2025

Energy markets moved slightly higher this morning following yesterday’s softening of gas prices driven by optimism surrounding a potential ceasefire in Ukraine. The European Commission’s plans for a coordinated gas purchasing platform also contributed to improved sentiment. Meanwhile, oil prices edged up after a 2% jump in the previous session, supported by lower-than-expected US inflation figures.

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Energy Market Update - 12 March 2025
Kevin Lumley Kevin Lumley

Energy Market Update - 12 March 2025

Energy markets experienced significant volatility yesterday, with gas prices surging 5% before retreating slightly after market close on news of a potential 30-day ceasefire agreement between Ukraine and Russia. Uncertainty over the final terms of the agreement kept markets cautious, while colder-than-normal weather forecasts continued to support demand.

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Energy Market Update - 11 March 2025
Kevin Lumley Kevin Lumley

Energy Market Update - 11 March 2025

Energy markets continued their upward movement, with European gas and UK power prices strengthening due to geopolitical uncertainty and colder weather forecasts. Norwegian supply disruptions and ongoing diplomatic negotiations in Saudi Arabia contributed to market volatility.

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Energy Market Update - 10 March 2025
Kevin Lumley Kevin Lumley

Energy Market Update - 10 March 2025

Energy markets saw mixed movements on Monday, with gas prices stabilising amid ongoing geopolitical tensions. UK power prices edged higher, supported by colder temperatures and reduced wind generation. Oil prices softened due to concerns over US tariff policies and OPEC+ production adjustments.

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Energy Market Update - 07 March 2025
Kevin Lumley Kevin Lumley

Energy Market Update - 07 March 2025

Energy markets saw another sharp downturn yesterday, with European gas prices dropping significantly amid renewed discussions on resuming Ukrainian gas transit. Weaker UK gas prices also pressured power markets, while oil and carbon prices remained subdued.

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Energy Market Update - 06 March 2025
Kevin Lumley Kevin Lumley

Energy Market Update - 06 March 2025

Energy markets moved lower yesterday as geopolitical tensions appeared to ease, with reports of a potential minerals deal involving President Trump and European leaders. Market sentiment was also influenced by the European Commission reaffirming its gas storage targets, though discussions around flexibility have introduced some uncertainty.

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Energy Market Update - 05 March 2025
Kevin Lumley Kevin Lumley

Energy Market Update - 05 March 2025

Energy markets remained volatile, with natural gas prices falling due to geopolitical developments and milder weather forecasts. Power prices softened as strong renewable generation and declining carbon prices added downward pressure.

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Energy Market Update - 04 March 2025
Kevin Lumley Kevin Lumley

Energy Market Update - 04 March 2025

Energy markets saw sharp early gains on Monday before retracing later in the session. Prices remained elevated amid escalating geopolitical tensions, particularly following the breakdown in US-Ukraine relations and new trade measures from the Trump administration.

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Energy Market Update - 03 March 2025
Kevin Lumley Kevin Lumley

Energy Market Update - 03 March 2025

Energy markets surged in response to escalating geopolitical uncertainty, with natural gas and power prices rising sharply. The collapse of US-Ukraine negotiations, concerns over European energy security, and potential shifts in global alliances have added to market instability.

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Energy Market Update - 28 February 2025
Kevin Lumley Kevin Lumley

Energy Market Update - 28 February 2025

Energy markets rebounded sharply in yesterday’s session, reversing prior losses as traders adjusted positions following clarification on EU gas storage targets. Power prices also rose, supported by lower wind generation forecasts and stronger gas prices.

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Energy Market Update - 27 February 2025
Kevin Lumley Kevin Lumley

Energy Market Update - 27 February 2025

Energy markets continued to decline, with gas and power prices moving lower as traders reacted to changing geopolitical developments and regulatory shifts. The EU’s consideration of more flexible gas storage refilling targets, ongoing peace discussions regarding Ukraine, and strong LNG supply have been key drivers of the bearish momentum.

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Energy Market Update - 26 February 2025
Kevin Lumley Kevin Lumley

Energy Market Update - 26 February 2025

Energy markets continued their downward trajectory, with natural gas prices declining as warmer weather forecasts and strong LNG arrivals pressured the market. Power prices were relatively stable, though UK contracts remain at a premium to European equivalents, supporting expectations of increased imports.

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Energy Market Update - 25 February 2025
Kevin Lumley Kevin Lumley

Energy Market Update - 25 February 2025

Energy markets remained largely stable, with natural gas prices posting modest gains amid strong LNG supply and ongoing concerns over European storage levels. Power prices edged higher, supported by lower wind generation forecasts.

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Energy Market Update - 24 February 2025
Kevin Lumley Kevin Lumley

Energy Market Update - 24 February 2025

Energy markets continued their downward trend, with gas and power prices softening amid mild weather, robust LNG supply, and geopolitical uncertainty. With the end of the winter delivery period approaching, traders remain focused on storage levels, policy developments, and geopolitical negotiations.

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Energy Market Update - 21 February 2025
Kevin Lumley Kevin Lumley

Energy Market Update - 21 February 2025

Energy markets showed minor fluctuations, with UK gas prices ticking higher while power markets softened amid stronger renewable generation. Geopolitical tensions remain a key driver, as Russian strikes continue targeting Ukrainian energy infrastructure.

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Energy Market Update - 20 February 2025
Kevin Lumley Kevin Lumley

Energy Market Update - 20 February 2025

Energy markets continued their downward trend yesterday, driven by mild temperatures, strong renewable generation, and stable supply levels. Despite this, some contracts opened higher this morning as traders reassess supply risks and demand expectations.

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Energy Market Update - 19 February 2025
Kevin Lumley Kevin Lumley

Energy Market Update - 19 February 2025

Energy markets showed mixed movements, with gas prices experiencing volatility due to geopolitical factors and regulatory uncertainty. Power prices softened as increased wind generation forecasts put downward pressure on the market.

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Energy Market Update - 18 February 2025
Kevin Lumley Kevin Lumley

Energy Market Update - 18 February 2025

Energy markets continued their downward trajectory, with natural gas and power prices falling amid mild weather, strong LNG arrivals, and ongoing geopolitical uncertainty surrounding the US-Russia peace talks in Saudi Arabia. Expectations of a potential deal weighed on market sentiment, while European gas storage remained under pressure.

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