Energy Market Update 25/11/2025

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:

🇺🇸 The US and Ukraine are working on a revised peace framework in Geneva after Kyiv and its European allies rejected Washington’s initial 28-point plan as overly favourable to Moscow.

📈 Ofgem is set to raise the UK energy price cap from Jan 2026 by 0.2%, driven by higher policy and network costs, even amid falling wholesale prices, possibly easing domestic demand.

🛢️ Ukraine has opened a new northern supply corridor via Lithuania, receiving its first US LNG cargo in continuing diversification efforts.

⚡ France is expected to cut taxes on power bills for businesses and industry from next year to combat high electricity prices. This could boost domestic demand and affect cross-border power flows to the UK.

🇪🇺 EU’s plan to completely phase out Russian LNG imports by the end of 2027 may also prohibit the ability of European companies to purchase Russian LNG for contracted deliveries outside of the bloc.

Get in Touch