Energy Daily-06/30/2026

研报英文原文证据摘录

Energy Daily-06/30/2026

Energy Daily

30 JUN 2026

Today’s highlights: Offshore wind: Another exit in the US; SUBC: Clears a 03-Jun 26-Jun

(small) EU hurdle; JACK: Potential NCS competitor now off the table. Also CommodityBrent Crude (bbl)prices Last 6 days Last $price73.2 -1-1.0day% -1-4.7week% -1 -18.5month% 1M high97.8 1M 72.6low

covered: TGS, NCS WTIDutch(bbl)TTF Gas $/MMBtu$ 14.269.9 -1.24.6 %% -4.61.4 %% -18.2-9.4 %% 96.016.9 69.213.5

UK Nat Gas $/MMBtu 13.4 -1.5 % 1.1 % -10.3 % 16.1 12.7

Offshore wind – Another exit in the US HenryUK electricityHub Nat(1M)Gas $/MMBtu£/MWh 95.63.2 -2.82.3 %% 0.51.1 %% -4.8-4.8 %% 106.03.3 92.73.0

CO2 price EUR/t 78.8 -1.9 % -3.4 % -2.3 % 81.6 76.2

• Duke Energy has become the latest developer to exit US offshore wind, BrentUSD/boeand Nat. gas in USD/boe Equivalent** last 3Y CO2EUR/tprice last 3Y

100 agreeing to relinquish its Carolina lease in a deal with the Trump 135

administration 105 9080

60• This follows the Invenergy, TotalEnergies and Ocean Winds settlements that 9075 70

have together totaled USD ~2.6bn 60 5040

30• We continue to view the offshore wind industry in the US as permanently 4530

impaired, regardless of who is elected as the next president; with excessive 15 2010

political risk, also for agreements signed under another administration. We Jun-230 Jun-24 Jun-25 Jun-26 Jun-230 Jun-24 Jun-25 Jun-26

expect no new activity after completion of the current projects Dutch TTF Brent CO2 Price

Last Total return Short Cons. NTM

E&P 6 days Last price -1 day -1 week YTD interest P/E

SUBC – Clears a (small) EU hurdle ExxonMobilTotal $€136.169.0 -0.40.9 %% -2.6-2.6 %% 14.825.6 %% 1.2%- 12.5x7.5x