June 2025 Energy Market Update

June saw energy markets shift sharply amid geopolitical events, supply fluctuations, and changing demand patterns. Volatility remains, but favourable buying conditions persist, especially for long-term contracts.

Week of 2nd of June 2025
Prices eased due to improved Norwegian flows, seasonal weather, and falling global LNG demand. Nuclear and battery developments added downward pressure. However, drought-driven hydro concerns and US tariff uncertainties kept risks alive.

Week of 9th of June 2025
Norwegian outages drove some bullish pressure, but strong storage progress, weak gas demand, and easing US–China trade concerns balanced the outlook. Sizewell C neared approval, and forecasts of extreme heat heightened short-term risks.

Week of 16th of June 2025
Middle East tensions escalated, with Israeli strikes disrupting LNG supply, pushing prices up. The EU proposed banning new Russian gas deals. UK nuclear funding and softer Chinese LNG demand offered some bearish counterbalance.

Week of 23rd of June 2025
Markets surged on fears Iran might close the Strait of Hormuz, but prices fell sharply after a ceasefire. Despite eased tensions, EU’s 2027 Russian gas phase-out, heatwave risks, and new UK industrial plans added long-term upward pressure.

Week of 30th of June 2025
Prices fell sharply as the Iran-Israel ceasefire held and Asian LNG demand stayed weak. Short-term wind generation dips lifted gas-for-power demand. Strong EU storage and stable French nuclear output supported a more stable market outlook.

Conclusion

Despite geopolitical shocks, markets showed resilience. Ceasefire-led price dips offer a buying window. Long-term contracts remain attractive amid medium-term volatility.

For further insights and information on the dynamic landscape of the 2025 energy market, feel free to contact us:

☎️ 01738474630

✉️ theteam@herestheplan.co.uk

Disclaimer The information provided in this report is for information purposes only and should not be construed as financial advice. Prices of the commodities referred to can be volatile, and past performance is not necessarily indicative of future results. The energy markets are dynamic, and prices may rise or fall based on factors including market conditions, economic events, and investor sentiment. The content of the report is subject to change without notice, and the accuracy of the information cannot be guaranteed. Always consider the risks involved in risk management activities, and be aware that market fluctuations create the potential for both gains and losses. Each business must make its energy buying decisions based on its attitude to risk and what the business could withstand if energy prices spike.