This week, oil prices rebounded despite rising OPEC+ output, supported by trade optimism and technical buying. HSFO remained relatively strong but faces summer downside risks, while EU gas markets tightened amid reduced LNG flows and the accelerating phase-out of Russian gas.

This week, oil markets remained under pressure with Brent dipping below USD 62, as attention turned to the upcoming OPEC+ meeting amid renewed US sanctions on Iran, falling Chinese LNG demand, and signs of market complacency in gas and carbon pricing.

This week, oil markets showed early signs of stabilisation as financial markets calmed, but downside risks from potential OPEC+ supply increases and weaker US economic data kept Brent trading just below USD 67, while new SECA regulations in the Mediterranean shifted marine fuel dynamics.

This week, oil markets were hit hard as OPEC+ announced a major supply increase and the US launched new tariffs, prompting a strong response from China. Brent dropped below USD 66, marking its lowest level since 2021, while fears of weaker demand added further pressure to global energy prices.

This week, we analyse key market drivers, including Brent holding near USD 74 as geopolitical tensions in Ukraine and Venezuela raise the risk premium, TTF gas trading around EUR 40 on weak demand and inventory builds, and rising biofuel prices driven by EU plans to suspend ISCC certification for waste-based fuels.

This week, we analyse key market drivers, including Brent stabilising above USD 72 supported by stepped-up US sanctions on Iran and OPEC+ compensation cuts, continued TTF gas volatility with support around EUR 42 amid winter supply fears, and fragile Russia-Ukraine talks adding uncertainty to energy market dynamics.

This week, we analyse key market drivers, including Brent hovering around USD 70 amid tariff concerns and escalating trade disputes, continued TTF gas volatility with support near EUR 40, and speculation on a Russia-Ukraine ceasefire potentially impacting energy sanctions.