The rise in fuel prices in the market from 2 to 6 cents per liter due to the rise in global oil prices in the previous days, according to market sources. However, the picture today in international markets has been particularly positive Oil, natural gas and electricity are moving strongly downward, Returning optimism to consumers, but also the concern of governments due to the initial indications that show this The recession in the global economy is coming at a faster pace.
At the pump, the average price of gasoline, today, Friday, December 16, showed a slight increase of about 3 cents per liter, while the increase was slightly higher for diesel. A slight increase is also seen in heating oil It seems to be back in the region of 1.1 euros per litre.
Today, after the looming decision on the natural gas cap next Monday, we have seen a significant drop in prices on the Dutch Stock Exchange. So Its price decreased to 117.5 euros per MWh, a decrease of 12.8%.
Another reason gas prices have fallen is the fact that LNG supplies, mainly from the United States Higher storage levels reduced the impact of the first cold snap of the winter.
Europe’s gas reserves are resilient
In Europe, the cold is forcing natural gas to be pumped from storage to meet growing demand, but stocks are still full, Above normal, close to 86%. LNG imports are also at their highest level for the season, as demand for LNG is Europe’s move toward decoupling from Russia’s natural gas pipelines.
Despite the significant increase in net withdrawals from storage tanks in recent days, REU gas stocks remain relaxed. EnergyScan, the analytics platform for Engie SA, said in a note.
winter season Test the resilience of the area Amidst an energy crisis that ravaged the economy and contributed to the cost of living crisis.
To contain the crisis, EU leaders said yesterday that they are moving towards a quick agreement on a gas price cap and an end to the months-long political dispute.
They called the ministers To “finalize” the plan, along with a package of measures to curb price increases Energy, during a meeting on Monday.
Oil is under $80 again
At the same time, oil prices fell as futures players cashed in on recessionary pressures in light of interest rate hikes by the United States. Central banks to increase sales movements.
Brent crude futures fell 2.36% to $79.29 a barrel, while US crude fell 2.31% to $74.35 a barrel.
while After hovering in the region of 400 euros per MWhThe wholesale price of electricity in Greece has fallen to particularly low levels, compared to those prevailing in the rest of Europe, due to the arrival of summer days in the midst of winter which inevitably lowers demand.
The price is set at 246.76 euros per MWh, While 3 days ago it was 400 euros.
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