Faced with falling temperatures, demand is rising. Large electricity imports from Germany ease market prices across the EU. European gas stocks fell slightly (79% at the end of the week). Chinese demand for oil, especially in the transport sector, is on the rise, as are economic growth forecasts for the US.
France
Nuclear production is improving and wind production is on the rise. Demand for natural gas is low, natural gas stocks are at their highest for the period since 2019. Chinese demand for oil is picking up again, mainly in their transportation sector.
France
Influenced by natural gas prices, electricity futures prices are representative of a falling demand. Natural gas demand is still seasonally low due to the mild weather. The oil markets fell significantly last week before stabilising.
France
Influenced by natural gas prices, electricity futures prices are representative of declining national demand at the end of the year. Consumption of oil products increased by around 2 million b/d.
France
The power market declined last week however, market participants remain optimistic, as temperatures are currently mild in the coming days. Natural gas declined as warm weather set in across Europe, and the price of Brent rose due to strong demand and weather in the US.
France
The power market declined last week. Following the trend in natural gas, market players are optimistic that the general situation will improve. A leak on the Keystone pipeline in the US forced its shutdown, causing a rise in Brent prices.
France