... rig count will influence energy prices. Emerging market data from India and Brazil add to the day’s insights, making it essential for investors to stay updated with Open Oil Market! Friday, November 15, 2024: Key Economic Events for Investors 1. European Market Events Eurozone Consumer Price Index (CPI, October) — Published at 10:00 GMT The Eurozone CPI provides a critical look at inflation across the region. High inflation may pressure the European Central Bank to consider tightening its policy,...

... coal-based generation. Following a surge in coal generation in 2022-2023 (when coal temporarily replaced costly gas), coal's share in the EU energy system is once again declining. However, coal remains an important energy source for several Eastern European economies—such as Poland, the Czech Republic, and Greece—where its share in generation is still significant. In recent months, global coal prices have shown moderate dynamics. Futures for thermal coal (API2 index) are trading in the range of $110–120 ...

... of liquefied natural gas (LNG), has failed to meet several contractual obligations to Europe, raising concerns over energy stability as winter approaches. This article explores the reasons behind the redirection of U.S. LNG shipments, the impact on European consumers, and potential steps Europe could take to strengthen its energy security. Discover how these recent developments are affecting the market and why Europe is considering alternative measures to ensure reliable energy supplies. The U....

... for winter than it was two years ago. However, experts warn of persisting risks: a harsh winter can drastically increase demand even with full storage, furthermore the competition with Asian buyers for new LNG shipments could intensify if the Asian economies accelerate. European regulators and energy companies continue to monitor the situation closely, ready to take additional measures if necessary – from consumption limitations to emergency fuel purchases. For now, the balance in the EU gas market appears relatively ...

.... Following the spike in coal output during 2022–2023 (when coal temporarily replaced expensive gas), the share of coal in the EU energy system is once again on the decline. Nevertheless, coal remains an important energy source for several Eastern European economies—such as Poland, the Czech Republic, and Greece—where its share in generation is still substantial. In recent months, prices for thermal coal in the global market have demonstrated restrained dynamics. Futures for API2 coal (a benchmark for ...