France Energy Pricing Trends - 16 October 2023

France Power Pricing Trends | 16 October 2023

The power market grew last week, following the trend for natural gas. The weekly average price grew from 122.48 €/MWh to 138.35 €/MWh for CAL 2024 and from 116.48 €/MWh to 125.77 €/MWh for CAL 2025.

France Natural Gas Pricing Trends | 16 October 2023

The natural gas market rose sharply last week. Market panic following the start of the Israeli-Palestinian conflict, the resumption of strikes at LNG export plants in Australia from 18 October, and a breakdown in a gas pipeline linking Finland to Estonia (an act of sabotage cannot be ruled out). In Europe, demand for natural gas is beginning to grow, and is at its highest level for two months. The weekly average price increased from 45.05 €/MWh to 52.64 €/MWh for CAL 2024 and from 43.33 €/MWh to 47.36 €/MWh for CAL 2025.

France Oil Pricing Trends | 16 October 2023

Brent crude rose at the end of the week as the Israeli-Palestinian conflict intensified. The market fears that the situation in the Middle East could escalate, despite the fact that the region accounts for a third of the world's oil supply. The weekly average price of Brent crude oil increased from 82.90 €/bbl to 82.94 €/bbl.

The information above is an excerpt from the applicable report referenced above. For a full and complete copy of this report please complete the form below, sign up for our newsletters or schedule a virtual meeting at your convenience.

Get The Full Report Delivered To Your Inbox

Fill out the form below and we'll send you the full report.

1 Your Details

2 Company Details

By submitting this form you agree to let NUS follow up with you related to your inquiry. Your information will be used for these purposes alone, we never buy, sell, or trade your personal data. For more information, please see our Privacy Information.