Commodity Market Report
Europe energy prices: January 2025
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Europe energy prices provides a comprehensive outlook for fuels, carbon and power prices in Europe to 2050. Oil prices are set to weaken by $2–3/bbl compared to spring forecasts, with demand peaking at 108.7 mb/d in 2031 before declining. Risks include Middle East tensions and OPEC+ strategies. Gas prices remain volatile due to geopolitical risks, but LNG supply growth from 2026–2029 will pressure prices down. Coal prices stay suppressed amid falling EU demand. Carbon prices remain weak but are supported by market rules and gas prices. Power prices stay high until 2030 before falling with decarbonization.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
2025 zinc benchmark TC: a new era or a strategic move?
The 2025 annual zinc benchmark contract treatment charge is understood to have been settled. Was this a strategic move by smelters?
$1,050
Insight
US upstream in brief: Chevron and ExxonMobil quarterly Permian update
The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary WoodMac views.
$1,350
Commodity Market Report
Southern Cone power markets long-term outlook 2025
The Southern Cone power strategic planning outlook 2025 combines in one report the most important power annual historical/actual data.
$8,000
