National demand for electricity was up due to the lower temperatures of the last few days. The natural gas market declined - gas stocks are high and weather forecasts predict a sharp rise in temperature. The price of Brent rose.
France
The power market rose last week, driven by natural gas and carbon prices. The market price is expected to remain high in the short term with the onset of a new cold snap. Natural gas markets were slightly bullish, and the price of Brent crude oil fell sharply.
France
Despite the cold that has set in CAL24 BL prices fell by about 11%, with the relaunch of reactors leading to an increase in production. Products on the natural gas market depreciated. The price of brent rose over US growth forecast and optimism for the Chinese economy.
France
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