Electricity futures market remained bullish for CAL 2022. The price of natural gas on the market remains subject to tension. An imbalance between supply and demand in the short term has kept the price of Brent on the upswing. Economic recovery is causing an increased need for oil while those very same stocks are dwindling.
France
Last week, the electricity futures market rose following strong growth in natural gas, coal and CO2 prices. Brent prices continued to inflate last week following sustained positive signs of economic recovery & expectations of higher oil demand.
France
The month of May was marked by the lifting of U.S. sanctions on Iran. The meteoric rise in electricity prices was dampened by the fall in carbon prices midmonth. Following the first auctions for UK emission quotas, prices have ebbed slightly, speculative purchasing keeps prices high.
France
The electricity futures market fell last week, in sync with the carbon trend. The price on the natural gas market remained stable throughout last week. The price of Brent has ballooned in recent days following an OPEC+ decision not to raise oil production in the upcoming weeks.
France
Despite a slight drop at the end of the week, the electricity futures market remained at a stable level last week. The natural gas futures market stabilized last week, with forecasts of climate improvements. The price on the oil market is rising, stimulated by the signals of the US economic recovery.
France
The market declined after the opening of the UK carbon trading system, as did natural gas after U.S. sanctions against the Nordstream 2 pipeline's parent company. The price of oil fell following progress made in Iranian-American negotiation.
France