Energy Market Update – 09 July 2025
Gas and power prices moved higher yesterday, supported by stronger demand expectations and minor supply disruptions, while coal and oil extended their recent gains amid ongoing trade uncertainty.
Energy Market Update – 08 July 2025
Energy prices edged slightly higher across gas and power markets, with geopolitical tensions surrounding US tariffs and weather-driven demand shifts continuing to shape market sentiment.
Energy Market Update – 07 July 2025
Gas and power markets traded slightly lower yesterday as strong supply fundamentals and milder weather forecasts pressured prices. Gas prices dipped across the curve, while power prices saw limited movement despite continued volatility in renewables and ongoing nuclear constraints.
Energy Market Update – 04 July 2025
Energy markets showed mild upward movement across the board, driven by tightening balances from a drop in injections into European gas storage, strong LNG activity, and near-term weather forecasts indicating potential heat-driven demand increases.
Energy Market Update – 03 July 2025
Gas and power markets showed a mixed trend on Wednesday, with prompt natural gas prices slipping amid strong supply conditions, while power prices held firm due to low renewable generation and sustained cooling demand.
Energy Market Update – 02 July 2025
Energy prices moved higher yesterday, with gas and power contracts rising across the curve. This was driven by tight fundamentals, including weak renewable output and ongoing heat across Europe.
Energy Market Update – 01 July 2025
Markets showed little clear direction yesterday as natural gas traded sideways amid limited geopolitical tensions and healthy supply, while power prices edged up slightly, supported by low wind output and persistent high temperatures across Europe.
Energy Market Update – 30 June 2025
Energy markets remained broadly bearish at the end of last week, with natural gas and power contracts easing further amid weakening geopolitical tensions, healthy supply fundamentals, and limited demand pressure. A slight drop in wind generation led to some marginal upside in gas-for-power demand, but this was not sufficient to reverse the overall trend.
Energy Market Update – 27 June 2025
Energy prices declined across the board, driven by de-escalation in the Middle East and robust EU storage activity. Softer gas prices led the movement, pulling down power contracts, while carbon and oil markets showed mixed trends.
Energy Market Update – 26 June 2025
Energy markets softened across the board, with natural gas and power contracts falling further amid sustained geopolitical calm and improving supply fundamentals. Oil and carbon prices also weakened.
Energy Market Update – 25 June 2025
Energy markets recorded steep declines across gas and power on 24 June, largely driven by a US-brokered ceasefire between Israel and Iran which eased geopolitical tensions. Oil and carbon prices also moved lower, while LNG imports into Europe continued at pace.
Energy Market Update – 24 June 2025
Markets fell sharply at the start of the week, driven by surging Norwegian gas exports and signs of de-escalation in the Middle East, with ceasefire talks temporarily calming geopolitical fears.
Energy Market Update – 23 June 2025
Energy prices climbed as geopolitical risk surged, with US strikes on Iranian nuclear sites and Iran’s threat to close the Strait of Hormuz fuelling market uncertainty and driving gas and power price increases.
Energy Market Update – 20 June 2025
Energy markets surged on Thursday, with natural gas prices hitting multi-month highs driven by escalating Middle East tensions. Power prices followed gas movements, while oil rose and carbon fell.
Energy Market Update – 19 June 2025
Energy markets firmed on Wednesday as geopolitical risks in the Middle East escalated and supply-side constraints persisted across Europe. Gains in both gas and power prices were supported by strong demand expectations due to high temperatures, despite an easing in some previous bearish pressures.
Energy Market Update – 18 June 2025
Energy markets advanced further on Tuesday, with gas and power prices rising on heightened geopolitical tensions. The ongoing conflict in the Middle East and tightening LNG supplies were key drivers.
Energy Market Update – 17 June 2025
Energy markets saw mixed movements on Monday, with European gas prices easing despite escalating conflict in the Middle East. Power markets were generally stable to slightly higher, while crude oil and carbon markets edged lower on the day.
Energy Market Update – 16 June 2025
Energy prices moved sharply higher across the board as the conflict between Israel and Iran escalated, with concerns over Middle East supply routes and Norwegian maintenance compounding bullish sentiment in both gas and power markets.
Energy Market Update – 13 June 2025
Energy markets continued to strengthen, with UK gas and power prices driven higher by supply constraints and nuclear outages, while oil, coal and carbon contracts firmed on Middle East tensions.
Energy Market Update – 12 June 2025
Gas prices rose on heatwave-linked demand risks and French nuclear uncertainty, power held amid lower wind and Civaux-2 repairs, while oil, coal and carbon firmed.