The NWEuropean power spot prices edged up yesterday amid forecasts of weaker renewable production for today, although the mostly warmer temperatures may have limited the gains. Prices reached 63.55€/MWh on average in Germany, France, Belgium and the Netherlands, +2.38€/MWh day-on-day. The carbon prices sharply rebounded from a profit-taking bearish morning yesterday as the market was…
Still very calm financial markets overall with limited variations on the stock market and no big moves on the FX market either. The EUR/USD exchange rate is trading near 1.2075, just as it was yesterday morning. However, the US 10y bond yield has rebounded to 1.64%, its highest level for more than 2 weeks. The…
The power spot prices were mixed in north western Europe yesterday, up in France and Belgium on expectations of higher demand and weaker renewable production, but down in Germany and the Netherlands on forecasts of stronger wind output and warmer temperatures. Prices reached 61.17€/MWh on average in the four countries, +0.93€/MWh day-on-day. EUAs pursued their…
European spot gas prices rebounded yesterday, wiping out some of their Friday losses. Prices on the curve were more mixed as the impact of the slight increase in parity prices with coal for power generation was offset by the drop in Asia JKM prices. On the pipeline supply side, Russian flows were very slightly down…
ICE Brent prompt contract reached 66.1 $/b on early Tuesday, as the OPEC+ ministerial meeting was rescheduled for today while their technical meeting held on Monday acknowledged demand risks emerging in India. At the same time, force majeure on Libyan crude exports was lifted from at the Hariga port. Share this news : Share on…
