# Flagship Energy’s Mike Stafford Energy Markets Update – 11th November

> European gas and power markets stabilized midweek after near-term gas contracts hit one-month lows on Monday. Day-ahead power prices spiked as wind generation fell sharply, while Brent and Europe’s TTF gas benchmark remained below levels seen two weeks earlier; markets continued to weigh the prospect of an Iran peace settlement despite ongoing tanker attacks and low European gas storage.

- Date: 2026-11-11 · published 2026-11-11T18:11:41.867Z
- Category: geopolitics · region Europe and the Middle East · magnitude low
- Page: https://feedsoft.ai/events/93837-flagship-energy-s-mike-stafford-energy-markets-update-11th-november
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Expectations of reduced conflict risk have pressured oil and gas prices, but continued shipping disruption and low storage could limit further declines and leave supply-sensitive markets volatile. Weak wind output also tightened prompt power supply.

## Read by commodity

- BRENT: bearish ▼
- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2021-11-01 | [Market Summary: November 7, 2021 \| news.cqg.com](https://feedsoft.ai/events/44222-market-summary-november-7-2021-news-cqg-com.md) | -1.4% | -13.4% |
| BRENT | 2018-11-21 | [Energy View: Wednesday November 21 – GasBuddy](https://feedsoft.ai/events/9533-energy-view-wednesday-november-21-gasbuddy.md) | -3.4% | -10.1% |
| BRENT | 2020-03-09 | [U.S. livestock: Cattle futures dive, led by energy, equity markets - AgCanada](https://feedsoft.ai/events/5176-u-s-livestock-cattle-futures-dive-led-by-energy-equity-markets-agcanada.md) | -27.3% | -36.6% |
| BRENT | 2025-06-25 | [Market Talk \| Energy Markets Stabilize as Ceasefire Holds and Risk Premiums Fade](https://feedsoft.ai/events/8641-market-talk-energy-markets-stabilize-as-ceasefire-holds-and-risk-premiums-fade.md) | -1.1% | +1.5% |
| BRENT | 2025-06-20 | [Diesel and Gas. The Energy Report 06/20/2025 - Market InsightsMarket Insights](https://feedsoft.ai/events/8644-diesel-and-gas-the-energy-report-06-20-2025-market-insightsmarket-insights.md) | -13.2% | -10.3% |
| NATGAS | 2024-10-28 | [Prompt Month Natural Gas Futures Sink 10% as Geopolitical Risks ‘Evaporate’ — MidDay Market Snapshot](https://feedsoft.ai/events/11712-prompt-month-natural-gas-futures-sink-10-as-geopolitical-risks-evaporate-midday.md) | -12.5% | +23.5% |
| NATGAS | 2022-05-09 | [European Gas Drops as Russia Tries to Calm Clients Over Payments - Bloomberg](https://feedsoft.ai/events/12155-european-gas-drops-as-russia-tries-to-calm-clients-over-payments-bloomberg.md) | -6.0% | +12.3% |
| NATGAS | 2022-05-10 | [Gas prices drop as Russia says sanctions will not affect gas payments from Europe](https://feedsoft.ai/events/12160-gas-prices-drop-as-russia-says-sanctions-will-not-affect-gas-payments-from.md) | +6.5% | +23.4% |

## Sources

- energylivenews.com: https://www.energylivenews.com/2026/11/11/flagship-energys-mike-stafford-energy-markets-update-11th-november/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.