The power market declined at the end of last week, following the trend of the natural gas and carbon markets. The price of Brent crude continued to rise last week, boosted by supply restrictions and a more attractive-than-expected US economy
The power market rose last week, following the trend in the natural gas and carbon markets. Several regions of the world, such as China and southern Europe, significantly increased their gas imports. The price of Brent crude rose slightly.
The trend on the electricity market was bullish. The Government suggests that ARENH will be replaced at the end of 2025. Natural gas remained above €50/MWh, with a slightly upward trend. The price of Brent crude oil increased.
The power market continued to rise at the beginning of last week, before falling back on Wednesday, following the trend in natural gas prices. Oil prices slump as worries about the global economy re-emerge.