During the third week of February, settlement prices for Brent oil futures in the ICE market showed an upward trend in most sessions. As a result, on Thursday, February 20, these futures reached a weekly high of $76.48 per barrel. However, the price dropped by 2.7% on Friday, February 21, reaching its lowest point of […]
European gas prices peaked on Monday, February 10th, 2025, before experiencing a significant decline, easing some of the financial pressure on consumers. Gas contracts, which had reached their highest levels since 2023, saw a sharp drop afterward. In the ICE market, TTF gas futures for March 2025 delivery dropped during the second week of February
Europe: Gas prices soar and decline amid political speculation and weather changes Read More »
European natural gas prices have surged to an 18-month high, driven by fast-depleting gas inventories and concerns about future supply. In the first week of February 2025, TTF gas futures for March delivery rose significantly, surpassing €52/MWh. On Tuesday, February 4, TTF gas futures hit a weekly low of €52.048/MWh, which was 3.2% lower than
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
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
Europe: Natural gas prices soar amid tight supplies and depleting inventories 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: Brent oil, TTF gas and CO2 emissions prices see fluctuations in late January 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
Europe: Gas prices surge in January 2025 amid storage concerns and LNG diversions 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,
Europe: Brent oil, TTF gas and CO2 futures see price increases in January Read More »
In the second week of January, Brent oil futures for the Front Month in the ICE market experienced price increases in most sessions, reaching a weekly maximum settlement price of $79.76 per barrel on Friday, January 10. This represented a 4.2% increase from the previous Friday and the highest price since October 8, 2024. Despite
In the first week of January 2025, Brent oil futures saw a positive price trend on the ICE market. The week started with the lowest settlement price on December 30, at $74.39 per barrel. However, prices steadily increased, reaching a weekly high of $76.51 per barrel on Friday, January 3, a 3.2% rise from the
