Ukraine-Russia conflict : Impact on energy markets
Following Russia's attack on Ukraine early this morning, prices on European energy markets have soared.
At 4pm, Brent crude oil was at 103.05 $/b, up from 97.56 $/b last night.
Concerning power market, the French Baseload Calendar 2023 product closed yesterday 184.50 €/MWh, and is now at 209.50 €/MWh.
On the natural gas side, the TTF Calendar 2023 product has risen from 62.30 €/MWh yesterday evening to 80.00 €/MWh at 4pm today.
Given the current geopolitical tension, these prices are likely to remain high over the coming weeks.
We will continue to keep you informed of their evolution through our weekly newsletters.
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