Report
15 Jul 2026
Stay informed on the latest trends, news, and forecasts in the UK energy market with valuable insights from our energy market specialists. Understand the developments in June and the forward looking trends, so you can enhance your energy procurement strategy and make decisions with confidence.
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Whether you are navigating the complexities of a fixed price contract or exploring a more flexible energy arrangement, our team is here to support you. We offer expertise in continuously monitoring market conditions to provide valuable insights, empowering you to make well-informed decisions. Our tailored approach ensures your specific needs and risk appetites are met.
Improving conditions in the Middle East reduced geopolitical risk premiums in June, with Brent crude falling by more than 20% and cargo movements through the Strait of Hormuz resuming. Meanwhile, heatwaves across the UK and Europe increased cooling demand and day-ahead energy prices, while extreme temperatures led to significant reductions in French nuclear output.
To stay up to date with the day-to-day happenings in the energy market, check out our daily market watch report.
Forwards pricing has retraced, with momentum building as optimism improved through the first half of the month. These downward shifts were halted into the latter half however, offering a more stable trading environment on offsetting fundamentals."
Callum Taylor
Energy Market Analyst
Zenergi
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