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Gas prices hit 2024 highs on colder outlook, supply concerns

Date: 11.11.2024 Author: Kelly Paul, Montel
Gas prices hit 2024 highs on colder outlook, supply concernsPhoto: energetika-portal.si

European gas contracts hit their highest points of the year so far on Monday, with forecasts for colder weather and supply concerns continuing to bolster prices and heating demand on the rise.

TTF rises as supply expected to tighten this winter

Date: 07.11.2024 Author: Elias Huuhtanen, Montel
TTF rises as supply expected to tighten this winterPhoto: energetika-portal.si

European benchmark gas contracts rose in early Thursday trading, driven by anticipated supply tightness in the coming months and geopolitical uncertainty following the re-election of Donald Trump in

EU green goals face blowback from Trump administration

Date: 07.11.2024 Author: Nathan Witkop, Montel
EU green goals face blowback from Trump administrationPhoto: www.pixabay.com

Europe will face pressure to weaken its climate policies after Donald Trump won the US presidential election on a platform hostile to environmental action and favourable to industrial protection,

Oil rebounds on Trump sanction prospects, Hurricane Rafael

Date: 07.11.2024 Author: Luke Roshan, Montel
Oil rebounds on Trump sanction prospects, Hurricane RafaelPhoto: Montel

Oil prices rebounded early on Thursday as investors turned their attention to the prospect of tougher sanctions on Opec member Iran under President-elect Donald Trump and to US oil production shut-ins

Gas prices slip on milder weather as market digests Trump win

Date: 06.11.2024 Author: Laurence Walker, Montel
Gas prices slip on milder weather as market digests Trump winPhoto: Roman Peklaj

European gas prices slipped in Wednesday trading amid signs of milder weather and ample supply, while market participants pondered the implications of Donald Trump’s victory in the US presidential

Trump as president: more LNG but heightened geopolitical risk?

Date: 06.11.2024 Author: Laurence Walker, Montel
Trump as president: more LNG but heightened geopolitical risk?Photo: UMAS London

Donald Trump’s victory in the US presidential election could buoy LNG supply to Europe but may also lead to greater geopolitical volatility, particularly regarding energy supply from Russia and the

EC plans roadmap to exit Russian gas before 2027

Date: 06.11.2024 Author: Siobhan Hall, Montel
EC plans roadmap to exit Russian gas before 2027Photo: Roman Peklaj

The European Commission will present a roadmap early next year for ending Russian gas imports to the EU before 2027, the bloc’s energy commissioner candidate, Dan Jorgensen, told MEPs.

Oil falls on stronger dollar as Trump tilts ahead in election

Date: 06.11.2024 Author: Luke Roshan, Montel
Oil falls on stronger dollar as Trump tilts ahead in electionPhoto: Montel

Oil prices dropped on Wednesday as the US dollar strengthened, driven by investor reactions to early polling results in the election, which showed former president Donald Trump leading the race.

TTF continues upwards on higher demand

Date: 05.11.2024 Author: Kjersti Dalfest, Montel
TTF continues upwards on higher demandPhoto: Roman Peklaj

European gas prices rose further on Tuesday amid forecasts for colder weather that raise heating demand and low renewables production, as well as high geopolitical tensions.

Oil prices stabilise after rally as investors eye US election

Date: 05.11.2024 Author: Selva Freigedo, Montel
Oil prices stabilise after rally as investors eye US electionPhoto: Victor Habbick via FreeDigitalPhotos

Oil prices were trading flat early on Tuesday as investors looked to the US presidential election, after rallying in the previous session on the back of the Opec+ production cut extension and Middle

EU finance ministers back more power grid links to cut prices

Date: 05.11.2024 Author: Siobhan Hall, Montel
EU finance ministers back more power grid links to cut pricesPhoto: Montel

More and better cross-border power links should be a key part of the EU’s efforts to lower prices, reduce volatility and improve its competitiveness, EU finance ministers said late on Monday.

Gas prices rise on transit deal jitters, low renewables

Date: 04.11.2024 Author: Gabriel Power, Montel
Gas prices rise on transit deal jitters, low renewablesPhoto: energetika-portal.si

European gas prices rose on Monday amid low renewables output and gas supply jitters after reports of a possible transit deal with Azerbaijan were unconfirmed.

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