Energy Markets News

Energy markets news: Brent and WTI oil prices, TTF and Henry Hub gas, LNG spot rates, carbon prices and commodity trade flows.

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Italy Summons Refiners to October 8 Meeting as Fuel Prices Hit Records

Italy Summons Refiners to October 8 Meeting as Fuel Prices Hit Records

Italy's industry and energy ministers have invited the country's refining companies to a meeting in Rome on October 8 to discuss ways to raise domestic...

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Why Are Oil Prices Rising?

Why Are Oil Prices Rising?

Last updated: 2026-09-26 Brent crude was trading around $104 a barrel and U.S. WTI near $92 a barrel on September 25–26, 2026, both well above...

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Infographic: Five Oil Shocks in Numbers

Infographic: Five Oil Shocks in Numbers

Five oil shocks in numbers · Click to enlarge. Half a century of oil markets can be read in five prices. The 1973 embargo quadrupled...

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Norwegian Supply Cuts Push UK and European Gas Prices Sharply Higher

Norwegian Supply Cuts Push UK and European Gas Prices Sharply Higher

Weakening Norwegian gas supply, not stronger demand, drove UK and European gas prices sharply higher this week, with the UK's day-ahead NBP contract settling at...

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Who Supplies Turkiye With Natural Gas?

Who Supplies Turkiye With Natural Gas?

Last updated: 2026-09-26 · Last verified: 2026-09-26 Turkiye’s natural gas consumption climbed to a record 60–61 billion cubic metres (bcm) in 2025, and the country...

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Why Are European Gas Prices Rising This Winter?

Why Are European Gas Prices Rising This Winter?

Last updated: 2026-09-25 European wholesale gas prices are rising this winter because the region enters the 2026/27 heating season with unusually low storage, a shrunken...

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European Gas Storage Falls 18 Points Below Average as Winter Approaches

European Gas Storage Falls 18 Points Below Average as Winter Approaches

Gas storage sites across the European Union held 70.2% of their working capacity on September 24, according to inventory data compiled from the bloc's AGSI+...