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ERA Group

Energy Market Reports

Monthly market updates from ERA Group focusing on the UK and European energy markets. Each report is a snapshot of market conditions at the time of publication.

Reports are shown newest first. Historical information should be read in the context of the period in which each report was published.

2026

ERA Group · Market report

Energy Market Report – August 2026

A market update focused on the UK and the European energy market. The report is dated 23 August 2026 and describes the situation at the time of writing.

EnergyEnglish1 pageUK / Europe
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ERA Group · Market report

Energy Market Report – July 2026

At the time of writing (23 July 2026), the report described the supply situation in the Gulf and the Strait of Hormuz as remaining in flux, with the peace deal moving into a more active military phase and near-term energy pricing rising as a result.

EnergyEnglish2 pagesUK / Europe
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ERA Group · Market report

Energy Market Report – May 2026

At the time of writing (25 May 2026), the report described a continuing stalemate in the Strait of Hormuz after numerous rounds of negotiation, and stated that both sides agreed the strait would remain closed until a final agreement was signed, with no timeline given.

EnergyEnglish1 pageUK / Europe
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ERA Group · Market report

Energy Market Report – April 2026

The report described April 2026 as fairly quiet in terms of gas pricing. Although the Strait of Hormuz remained closed for the foreseeable future, the market price of gas for the UK and Europe stayed stable, at a roughly 40% premium (as at 24 April) to the pre-conflict lows of February.

EnergyEnglish2 pagesUK / Europe
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ERA Group · Market report

Energy Market Report – March 2026

At the time of writing (29 March 2026), the report described four weeks of sharp market movement and stressed that any comment on the energy market has to be date-stamped because its validity is extremely limited. Price charts compared the March 2026 spike with the period from January 2022, immediately before the invasion of Ukraine.

EnergyEnglish2 pagesUK / Europe
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