The EnergyScan team held its quarterly webinar covering key trends and events on energy markets. In this webinar, our experts addressed the following topics, with a Q&A session at the end of each topic: • Macro & Oil: A stagflationary shock• Gas & Coal: Towards a new equilibrium without Russian supply?• Power & EUA: The…
European gas prices rebounded strongly yesterday, supported by President Putin’s announcement that Russia will seek payment in roubles for gas sold to “unfriendly” countries (these countries include among others the United States, European Union member states, Britain, Japan, South Korea). On its side, the European Commission published yesterday its final proposal on stock level requirements.…
Fed members are making more and more statements in favour of a strong and accelerated tightening of monetary policy. The market is pricing in 87% for a 50bp increase in the Fed funds rate in May. At that time, the Fed could also announce the pace at which it will reduce the size of its balance…
The European power spot remained once again at the same level yesterday as forecasts of stronger solar generation and weaker demand offset the higher gas prices. The day-ahead prices hence averaged 239.65€/MWh in Germany, France, Belgium and the Netherlands, +3.65€/MWh day-on-day. The carbon prices plummeted by 5% yesterday afternoon following the quarterly options’ expiry as…
The price of Brent crude oil rose by almost $7/b yesterday. It even almost touched $124/b overnight before falling back towards $120/b. The market is extremely volatile ahead of the announcement of new sanctions against Russia during the US President’s visit to Europe. Yesterday, the main news agitating the market and causing gas and ruble prices…
