Energy Market Update – 28 May 2025
Energy markets were mixed on Tuesday, with gas and power prices diverging slightly due to Norwegian supply issues and shifting renewable forecasts, while macroeconomic uncertainty and geopolitical developments continued to weigh on sentiment.
Energy Market Update – 27 May 2025
Energy markets opened the week on a firmer note, supported by ongoing Norwegian supply issues and easing trade tensions between the US and EU. Gas prices rose due to continued outages at Troll, while power markets diverged with falling UK spot prices and firmer seasonal contracts.
Energy Market Update – 23 May 2025
European energy markets edged slightly lower on Thursday as Norwegian gas flows recovered and LNG send-out remained stable. Despite ongoing geopolitical uncertainties, including EU discussions on further Russian sanctions, these factors failed to generate substantial risk premiums.
Energy Market Update – 22 May 2025
European energy markets retreated slightly following recent gains, with gas and power prices easing amid improved Norwegian flows and the unwinding of geopolitical concerns.
Energy Market Update – 21 May 2025
European energy markets rallied on Tuesday, driven by heightened geopolitical tensions and tightening supply, particularly affecting gas flows from Norway. Prices surged across gas and power contracts, supported by bullish carbon and coal markets.
Energy Market Update – 20 May 2025
European energy markets opened the week with limited movement, as geopolitical tensions and supply disruptions continue to create uncertainty. Key attention remains on faltering Ukraine-Russia peace efforts and upcoming Norwegian maintenance outages.
Energy Market Update – 19 May 2025
Gas and power prices ended last week with slight declines, amid muted market activity and geopolitical uncertainty. Talks between Russia and Ukraine yielded little progress, and energy traders are now watching today’s high-level trilateral call for signs of a breakthrough.
Energy Market Update – 16 May 2025
Energy markets moved sideways on Thursday, with limited price action as geopolitical uncertainty overshadowed fundamentals. President Putin’s absence from Ukraine peace talks stalled recent optimism, while Trump’s remarks further dampened hopes of imminent progress.
Energy Market Update – 15 May 2025
European gas and power markets eased slightly on Wednesday, with caution around stalled Ukraine peace talks and bearish macroeconomic signals weighing on sentiment.
Energy Market Update – 14 May 2025
Energy markets traded largely flat on Tuesday, with cautious sentiment driven by geopolitical uncertainties and stable fundamentals. Early optimism from US–China tariff easing was counterbalanced by doubts over the Russia–Ukraine summit in Turkey.
Energy Market Update – 13 May 2025
European gas and power markets opened the week with firm gains, buoyed by easing geopolitical tensions and a temporary détente in global trade hostilities.
Energy Market Update – 12 May 2025
Energy prices softened slightly on Friday, closing the week on a bearish note. Downward momentum in gas was driven by high storage levels and stable supply, while muted power demand and robust renewables pressured electricity prices.
Energy Market Update - 09 May 2025
Energy prices rebounded Thursday, buoyed by EU storage policy revisions, a UK-US trade deal, and persistent geopolitical tensions, notably in Ukraine, which sustained the market risk premium.
Energy Market Update - 08 May 2025
Energy markets initially rose on Wednesday but softened into the afternoon as prices failed to hold early gains. Concerns over EU gas policy, geopolitical tensions in South Asia, and fluctuating Norwegian gas flows contributed to a mixed trading session.
Energy Market Update - 07 May 2025
Energy prices moved sharply higher across Europe on Tuesday, driven by geopolitical risk, structural market shifts, and reduced supply. The EU’s confirmation of a ban on all Russian gas by 2027 and continued Norwegian maintenance significantly tightened sentiment, pushing gas and power contracts higher.
Energy Market Update - 06 May 2025
Gas and power prices across Europe firmed on Friday amid colder weather forecasts and heightened geopolitical risk. Norwegian outages and tight LNG supply added to bullish sentiment.
Energy Market Update - 02 May 2025
Energy markets held steady on Thursday, with marginal price movements reflecting a balance between stable fundamentals and lingering geopolitical risks. Persistent war uncertainty and constrained supply conditions helped support forward gas and power contracts.
Energy Market Update - 01 May 2025
Energy markets posted modest gains as geopolitical tensions intensified and speculative trading pushed up winter gas contracts. Bearish fundamentals such as mild weather and strong LNG supply limited the upside.
Energy Market Update - 30 April 2025
European gas and power prices eased slightly on Tuesday as markets remained calm in the absence of new geopolitical disruptions. Confidence grew modestly around the proposed US-led Russia-Ukraine ceasefire, while risk sentiment was restrained by continued macroeconomic uncertainty.
Energy Market Update - 29 April 2025
Energy markets were broadly stable but trended slightly lower as geopolitical easing and unseasonably warm weather kept demand soft. A temporary Russian ceasefire and a power outage in Iberia were key developments.