Russia Revises Oil Exports from Ust-Luga, Novorossiisk Ports
Russia has increased its planned oil loadings from the Baltic port of Ust-Luga and the Black Sea port of Novorossiisk for September, following disruptions at its main western outlet, Primorsk, two sources familiar with the schedule told Reuters.The diversion of oil flows to less…
Bangladesh increases its power purchase from India and reduces its fuel oil consumption as the demand for electricity rises
Industry officials and analysts report that Bangladesh is increasing power imports from India as well as the output of fuel oil-fired plants to try and meet its rising electricity demand. The country faces a shortage of gas and maintenance costs for coal power plants. Government…
In the latest auction, Germany's SEFE was unable to allocate space for gas storage at Rehden.
The German gas company SEFE announced on Tuesday that it was unable to allocate any of its offered natural gas storage spaces at its northern German Rehden facilities for the 2025/2026 period during its latest auction. SEFE offered 3 terawatt-hours (TWh), the largest gas storage site in Germany, as its capacity.
The price of gas in Europe is stuck in a sideways trend due to the lack of a new impetus.
The Dutch and British gas price were not much different on Friday morning. They continued to trade within a narrow range, despite the lack of any news that could affect the market. There was also no change in the overall supply and demand balance. LSEG data shows that the benchmark Dutch front-month contract for the TTF hub fell 0.08 euros…
EUROPE GAS-Prices Firm on Technical Support, Lower Wind
Dutch and British wholesale prices of gas rose on Monday morning due to technical trading and lower renewable energy output. LSEG data revealed that the benchmark Dutch front-month contracts - now for October – at the TTF hub were up 0.34 Euros at 32.00 Euros per megawatt-hour (MWh) or $11.00/mmBtu by 0842 GMT.
Prices for gas in Europe are mixed, with Norway maintenance and revised wind power output being the main differences.
The Dutch and British wholesale prices of gas were mixed on Tuesday. Lower demand forecasts weighed on the market, while the beginning of a longer period for maintenance at Norwegian gas fields was expected to support the market. LSEG data shows that the benchmark Dutch front…
The Dutch prices of gas are falling, but the storage subsidy remains.
Dutch wholesale gas prices eased Monday morning, a slight correction following last week's gains. However, the need to replenish storage before winter continues to support them. LSEG data shows that the benchmark Dutch front-month contract was lower by 0.20 euro at 33.30 Euro per megawatt hour or $1.39 per mmBtu at 0916 GMT.
Russian Oil Supplies to Hungary and Slovakia Halted After Ukraine Attack
Russian oil supplies to Hungary and Slovakia could be suspended for at least five days after a Ukrainian strike on a facility in Russia, Hungarian and Slovakian officials said on Friday, in a widening of the fallout of Russia's war in Ukraine.Russia and Ukraine have stepped up attacks on each other's energy infrastructure…
EUROPE GAS-Prices maintain firmer levels as market eyes Norway supply
The Dutch and British wholesale prices of gas on Friday morning remained at levels similar to those reached the previous session. This is due to the upcoming heavy maintenance work in Norway, and the need for gas storage before winter. LSEG data shows that the benchmark Dutch…
EUROPE GAS-Prices rise after fresh Ukraine infrastructure attacks
After initially trading in a sideways direction, Dutch and British wholesale prices of gas rose on Thursday after Russia attacked the key storage infrastructure of gas in Ukraine. This comes at a time when there is growing concern about the rapid filling of European gas storages.
Prices of EUROPE GAS trade at a sideways level as the market waits for clarity on sanctions
The wholesale gas prices in the Netherlands and Britain were not much different on Friday morning, as the market awaited news about whether the U.S. would impose new sanctions against Russia. LSEG data shows that the benchmark Dutch front-month contract was 32.92 euros per Megawatt Hour (MWh), or $11.20/mmBtu at 0728 GMT.
Prices for gas in Europe are lower due to a reduced demand and stockbuild
The wholesale gas prices in both the Netherlands and Britain fell on Thursday morning, amid a stable supply and low power demand. Gas storage was also continuing. LSEG data shows that the benchmark Dutch front-month contract was 32.97 euros per Megawatt Hour (MWh), or $11.35/mmBtu at 0841 GMT. This is a decrease of 0.23 Euro.
Russia Strikes Ukrainian Gas Interconnector
Russia has struck a gas pumping station in Ukraine's southern Odesa region used in a scheme to import LNG from the U.S. and Azerbaijan, undermining preparations for winter, Ukrainian officials said on Wednesday.President Volodymyr Zelenskiy said the gas infrastructure had been attacked in the village of Novosilske on the border with Romania…
Prices for gas in Europe remain stable as global demand and outages support prices
Dutch and British wholesale prices for gas were mostly flat on Friday morning. Outages and worries about a tighter market globally supported the price, but this was partly offset by an increase in wind power production that will reduce demand for gas powered power next week. LSEG…
Prices of EUROPE GAS stable amid unchanged short-term outlook
After some initial gains in the short term, Dutch and British gas wholesale contracts were mostly stable. However, increased competition for LNG could pose a threat. LSEG data show that the benchmark Dutch front-month at TTF hub fell 0.25 euros to 33.80 Euros per Megawatt Hour (MWh) or $11.45/mmBtu at 0909 GMT.
EUROPE GAS-Dutch gas prices and British gas rates range-bound due to strong supply and warm weather
Due to a strong supply of gas and a warm weather forecast, Dutch and British wholesale prices for gas were slightly higher on Thursday morning. LSEG data shows that the benchmark Dutch front-month contract for the TTF hub rose 0.72 euros to 35.10 Euro per megawatt hour (12.06/mmBtu) or $12.06/mmBtu by 0910 GMT.
Prices of gas in Europe are rising as Norwegian supplies increase.
The Dutch and British gas wholesale prices were trading in a narrow band early on Tuesday, as the higher temperatures in Europe restricted heating use. Meanwhile, the cooling demand and low winds generation mainly affected the power market. LSEG data shows that the benchmark Dutch…
Grain prices are higher as soybeans and crude oil end the day in a positive trend; wheat is up, while corn is mixed
Chicago Board of Trade soybeans futures closed higher Tuesday. This was supported by the rising crude oil price and uncertainty over Midwest crop weather for the coming weeks. Soyoil prices also eased after a two-day sharp rally linked to stronger U.S. Biofuel Blending mandates.
Conflict affects Iranian and Israeli energy sites
The military strikes between Iran & Israel have raised concerns about possible damage to oil and gas infrastructure and fields in the region. Here are some details on these sites, and how they have affected them so far. Israel attacked an installation in the South Pars offshore field where Iran had partially suspended production on June 14.
Commodity Report: Meeting Oil Demand a Challenge if Israel Hits Iran Oil
Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days this week.After Israel attacked Iran and Tehran pledged to retaliate, oil prices jumped as much as 13% to their highest since January as investors price…