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European natural gas prices fell below €72/MWh on Thursday after rising over 4% the previous day, as traders continue to monitor Middle East developments and the bloc’s gas storage levels ahead of winter. Since the start of the year, Europe’s gas prices have risen 157% as uncertainty over the reopening of the Strait of
Global biofuel production is expected to rise by around 70% between 2025 and 2030. A global boom in biofuels intended to ease expensive gasoline and diesel imports caused by the Middle East war could require an additional area the size of Germany to be converted for fuel production, new analysis by think-tank Chatham H
German power futures are edging lower with softer EU gas prices. Germany power Cal27-28 backwardation narrowed further yesterday to close at 29.22/MWh, the lowest since 7 September. * Germany Base Power OCT 26 down 0.9% at 160.87 EUR/MWh * Germany Power 4Q 26 down 0.7% at 164.76 EUR/MWh * Germany Power Cal 27 down 0.5%
Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarter's end. May JOLTS jobs data jumped up towards 7.6M openings, pushing up Treasury yields marginally. EU CPI readings were broadly co
Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarters end. May JOLTS jobs data jumped up towards 7.6M openings pushing up Treasury yields marginally. EU CPI readings were broadly cool
Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarters end. May JOLTS jobs data jumped up towards 7.6M openings pushing up Treasury yields marginally. EU CPI readings were broadly cool
Germany's import prices increase on a monthly basis