Energy Market Update 18/03/2025

Welcome to our weekly energy market update, where we share the latest trends, shifts, and key developments impacting the energy sector. Whether it’s fluctuations in oil and gas prices, changes in renewable energy policies, or updates on energy infrastructure projects, we’re here to help you stay informed. Join us as we break down the most important factors influencing the market this week, and explore what these changes could mean for your business.

Current Market Drivers:

🔽 Several EU countries are looking to deviate from the EU target to have gas storage 90% full by November which will decrease the demand for gas throughout the Summer months.

💰 The US’s ongoing tariff wars have raised concerns about stifling economic activity and in turn potentially reducing overall energy consumption.

🌡️ European natural gas prices slipped as warming weather forecasts and planned talks between US President Donald Trump and Russian leader Vladimir Putin appeared to bolster prospects for the region’s supply balance.

📈 Several US LNG exporters are seeking to renegotiate higher prices with buyers, due to rising costs, which could weaken the competitive edge of US LNG and increase LNG import fees.

⚠️ European natural gas storage is now 5.2% below the mean for the last 5 years, raising concerns of gas shortages in the future.

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