This week, we analyse key market drivers, including Brent finding strong support at USD 70 despite US equity pressure, a sharp TTF gas sell-off driven by easing EU storage rules and speculative positioning, and OPEC+ signaling acceptance of lower prices in exchange for higher production.
Market Insights
Market Insights
Bearish oil sentiment due to tariff concerns and the TTF gas sell-off an overreaction
This week, we analyse key market drivers, including oil markets reacting to tariff concerns and financial market growth fears, a TTF gas market experiencing a sharp sell-off despite stable fundamentals, and an EUA market facing downside risks as hedging strategies evolve.
Many moving parts in the oil market keep the price stable for now. Gas and EUA prices may divert over the summer
This week, we analyse key market drivers including oil markets shaped by OPEC+ delaying production increases amid expectations of eased US sanctions on Russia and potential shifts in HSFO pricing, a TTF gas market influenced by robust inventory replenishment and profit-taking, and an EUA market where evolving hedging flows may trigger a decoupling from gas trends.
Oil, gas and EUA prices are under pressure. But not a new downtrend
This week, we analyse key market drivers, including bearish sentiment in oil markets driven by US negotiations with Russia, inflation concerns delaying rate cuts, and rising US crude inventories. We also examine the TTF gas market, where prices fluctuated due to shifting EU storage policies and potential geopolitical shifts, and the EUA market, where hedging flows remain a key factor.
Sanctions and tariffs set the direction in the oil market. Rally in TTF gas
This week, we analyse key market drivers, including the delayed US tariffs on Mexican and Canadian oil, new sanctions on Iran under the “maximum pressure” strategy, and the rally in TTF gas prices amid declining EU inventories. It also provides hedging insights for oil, EUA, and TTF gas, highlighting risks and opportunities in the energy sector.
OPEC+ and possible tariffs on Canada and Mexico create uncertainty in the oil market. Refilling risks push gas even higher
This week we analyse key market factors, including the impact of potential US tariffs on Canadian and Mexican oil, OPEC+’s resistance to production increases despite pressure from Trump, and the continued strength of the HSFO market. It also provides hedging insights for oil, EUA, and TTF gas, highlighting risks and opportunities in the energy sector.
Trump 2.0 pushes prices lower, but only temporarily. The gas market remains strong
This week, we focus on the bearish oil market reaction following Trump’s inauguration, driven by regulatory shifts, OPEC production pressures, and cautious investment sentiment. We also discuss rising TTF gas prices due to low EU inventories and refilling risks, offering hedging strategies and updated price forecasts for oil, gas, and EUAs amid market uncertainty.
Sanctions set the direction of the oil market. Risks of higher gasoil/diesel cracks
This week’s energy market drivers focus on Russian sanctions disrupting over 1 million barrels/day of exports and Brent trading near USD 82. The Trump administration signals support for stricter sanctions on Russia and potential policy shifts on LNG exports. Crack spreads for diesel and jet fuel rise, while European gas prices dip amid profit-taking, though winter supply risks remain high.
Energy Market Drivers: Oil is the new black and “sell the rumour, by the fact” in TTF gas
This weeks we focus on the bullish oil market sentiment driven by tighter physical balances, OPEC+ compliance, and geopolitical factors like sanctions on Russia and Iran. We also discusses declining TTF gas prices due to profit-taking and market adjustments, while providing hedging strategies and price forecasts for oil, gas, and EUAs amid ongoing volatility.
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