More Energy Market Developments
News and updates on the energy markets.
Market Developments / United States
Big Weekly Drawdown as Market Prepares for Driving Season
U.S. crude oil inventories fell by 5.836 million barrels for the week ending June 20, 2025, driven by peak refinery activity and strong gasoline demand.
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Insights and Analysis / United Kingdom
UK Industry News Update: Issue 6
Ofgem rejects mandatory regulation of energy brokers, as UK energy oversight shifts toward new government frameworks; major investments in clean tech and nuclear power announced, while the UK faces challenges meeting 2030 decarbonisation targets.
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Market Developments / United States
US Crude Inventory Suffers Biggest Drop in a Year
U.S. crude oil inventories saw the largest weekly drop since June 2024, falling by 11.5 million barrels amid tightening supply and rising geopolitical tensions, pushing prices higher.
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Market Developments / Czech Republic
Gas Transmission Costs in the Czech and Slovak Markets - June 2025
Significant changes to the gas transmission tariffs have been announced for the Czech and Austrian systems.
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Market Developments / Germany
THE Announces Reduction of the Gas Storage Levy
Trading Hub Europe GmbH (THE) has announced reduction of the gas storage levy starting 1 July 2025.
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UK Industry News Update: Issue 5
Spain/Portugal power outage, Russian sanctions, UK Gov commits to offshore wind - Orsted pulls the plug, OFGEM pricing controls, NESO price increases, and EU/UK ETS.
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Market Developments
Eye of the Storm?
What we might expect after the Trump administration's decision, temporarily halting reciprocal tariffs for 90 days.
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Market Developments / United States
PJM Capacity Increases Start June 2025
Consumers in PJM will start to feel the impact of the steep capacity price increases in June; the next auction is also looking challenging despite the new cap and floor rules.
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UK Industry News Update: Issue 4
Why Britain's power prices are so high, OFGEM on renewable projects, Battery energy storage systems surges, renewables on the rise, wind power storage studies, Ireland-UK interconnector started.
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UK Industry News Update: Issue 3
Sub-sea interconnector news, UK Treasury and GB Energy, North Sea clean energy consultation, UK emissions, public sentiment on climate, and China-UK energy relations.
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UK Industry News Update: Issue 2
OFGEM news, plans for new nuclear power, DESNZ biomass support and ESOS guidelines, and UK emissions reduction target update.
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Market Developments / United Kingdom
Market-wide Half Hourly Settlement Update - Jan. 2025
New developments and summary of the Market-wide Half Hourly Settlement (MHHS).
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