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Oil and European gas markets remain driven by geopolitical risk rather than fundamentals

Oil and European gas markets ended July dominated by diplomatic developments, military risks and shipping disruptions rather than traditional supply-and-demand factors. Every indication that...

Europe: Brent oil, TTF gas and CO2 futures show mixed trends in April 2025

During the fourth week of April 2025, Brent oil futures for the Front Month in the ICE market saw fluctuations. Prices reached their weekly...

Europe: Brent oil, TTF gas and CO2 emissions prices see fluctuations in late January

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...

Market trends in early December: Oil, gas and CO2 prices show volatility

Brent oil futures for the Front Month in the ICE market began the first week of December with a downward trend. However, after a...

Brent oil, TTF gas and CO2 emission allowance futures: Price trends and market dynamics in late November 2024

Brent oil futures for the Front Month in the ICE market began the fourth week of November with a decline in prices. On Tuesday,...

Europe: Brent oil, gas and CO2 futures see price increases amid market dynamics in November 2024

During the third week of November 2024, Brent oil futures in the ICE market experienced price increases in almost every session, with the exception...

Latest news

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Southeast European day-ahead electricity prices surged on Monday, October 19, as the return of weekday demand, weaker renewable generation forecasts and continued reliance on...

Greece unveils €200 million battery storage scheme as project pipeline grows

Greece is preparing a €200 million battery-storage support programme as the country seeks to accelerate the deployment of standalone batteries and renewable-linked storage. The...

Djerdap 3 pumped-storage: Bechtel-Enka qualifies as Serbia prepares planning

Serbia has advanced work on the proposed Djerdap 3 pumped-storage hydropower project, with a Bechtel-Enka consortium qualifying for the next stage of government negotiations....

Romania extends 25% diesel excise reduction until Oct. 31

Romania will keep a 25% reduction in diesel excise duty until Oct. 31, extending temporary relief for transport operators and other businesses. The decision...

R.Power completes 55-MW Lazuri solar plant in Romania; grid link by end-2026

Polish renewable-energy developer R.Power has finished construction of the 55-MW Lazuri solar plant in Romania’s Satu Mare county. Grid connection is expected before the...