Analysis · Market note · Week 45

Power prices soar, Brent plunges

Week of 2 November to 8 November 2026: what to remember on electricity, gas and oil.

French power 255.83 €/MWh ▲ +15.2%spot, weekly average
French gas (PEG) 88.52 €/MWh ▼ −11.1%spot, weekly average
EU gas storage 72.7 % ▼ −2.0 ptweek on week
Brent 97.97 $/bbl ▼ −13.6%M+1, last price of the week

Electricity

  • French power (day-ahead spot): between €242.16 and €278.29/MWh depending on the day, €255.83/MWh on average (+15.2% week on week).
  • Most expensive day: Friday 6; cheapest: Sunday 8.
  • Generation over the week: nuclear 67.8%, renewables 19.4%, gas 9.9%.

French power

Day-ahead spot, daily average
Latest242.16 €/MWhSunday 8
Average vs prev. week+15.2%255.83 vs 222.00 €/MWh
Daily low242.16 €/MWhSunday 8
Daily high278.29 €/MWhFriday 6
Average255.83 €/MWhweek 45

Sources: RTE, Energy-Charts (Fraunhofer ISE) · See the detail

Gas

  • French gas (PEG, spot): €88.52/MWh on average, against 99.55 the previous week (−11.1%), between €84.95 and €96.19/MWh depending on the day.
  • European storage: 72.7% full (−2.0 pt in a week), 10.0 pts below last year.
  • France: 81.5% full.

French gas (PEG)

Spot, average price of each gas day
Latest85.03 €/MWhSunday 8
Average vs prev. week−11.1%88.52 vs 99.55 €/MWh
Daily low84.95 €/MWhFriday 6
Daily high96.19 €/MWhMonday 2
Average88.52 €/MWhweek 45

Sources: NaTran (Smart), GIE AGSI+ · See the detail

Oil and fuels

  • Brent (ICE futures M+1): $97.97 a barrel at the last price of the week (−13.6% on the week), end-of-day prices between $94.48 and $104.41.
  • US crude inventories −0.8 million barrels, to 409.8 million.
  • At the pump: diesel €2.202/L (−14.7 cents on the week), SP95-E10 €2.045/L.

Brent

ICE futures M+1 (front month)
Latest97.97 $/bFriday 6
On the week−13.6%−15.43 $/b
Daily low94.48 $/bWednesday 4
Daily high104.41 $/bTuesday 3
Average100.10 $/bweek 45

Sources: OilPriceAPI (ICE), EIA, French fuel prices (data.economie.gouv.fr) · See the detail

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