Europe & UK Faces Energy Turmoil: Soaring Prices and Middle East’s Potential Role
Europe and the UK are grappling with escalating energy challenges as surging gas prices and concerns over renewable energy development dominate the agenda. In Europe, natural gas prices have surged to a one-year high of over €50/MWh, driven by colder-than-average weather, production outages, and below-average storage levels. EU gas storage is 71.8% full, falling short […]
Trump Threatens EU with Tariffs over Energy Imports
President-elect Donald Trump has issued a clear ultimatum to the European Union: boost imports of American oil and gas or face new tariffs. In a statement delivered on his social media platform, Trump emphasized the need for the EU to address its trade deficit with the U.S. by purchasing more U.S. energy products. Trump has […]
Winter Fuels Bullish Surge in Europe’s Diesel Market
Optimism is growing in the European diesel and gasoil markets as hedge funds and portfolio managers continue to cut their bearish positions amid colder weather and surging natural gas prices. Traders are increasingly bullish on diesel futures, with expectations for further price increases throughout the winter. In the week leading up to November 26, money […]
