16/10/2026 – Middle East: Escalation continues on the Red Sea front, Houthis attack presidential palace in Yemen – Read more news

GAS & POWER: On Wednesday afternoon, EDF confirmed previous estimates of electricity production from the French nuclear fleet for the current year, expected to be between 350 and 370 TWh. However, there have been several slowdowns in the planned ramp-up in recent weeks, with overall daily capacity still below the 45 GW threshold, now set as a target for the end of next week.

OIL: Brent prices remain stable, as the U.S. WTI hits last month's highs after the country's inventory data showed a decline of about 9 million barrels in the week ending Friday, October 9, compared to around 300,000 expected by analysts. The sharp reduction is attributable to the passage of Hurricane Isaias, with the consequent closure of production in the Gulf.