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
A new all-time price record for CO2 came to be last Friday. Speculation on the carbon market has been affecting electricity prices for several weeks now. Natural gas future prices have remained high due to cool temperatures for the season. The price on the fuel market fluctuated last week.
France
During the month of April, electricity prices continued to rise, driven by higher carbon prices. Prices for CO2 emission quotas rose more sharply in April and reached a new milestone at the end of the month. After a fairly stable start to the month, gas prices rose again.
France
Electricity rose over the week due to the ECTS compliance deadline. The natural gas market was bullish due to continued cool weather and low storage levels. Strong economic growth in China and rising activity in the United States drove oil prices higher.
France