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Market Movers Europe, Feb 5-9: It’s results season for big oil; Groningen natural gas output in the balance

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보기: Market Movers Europe, Feb 5-9: It’s results season for big oil; Groningen natural gas output in the balance

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In this week's highlights: Labor unions will decide whether or not to support the creation of a European steel giant; the coal sector eyes the prospect of a strike at one of the world's largest mines; and the fate of the Groningen gas field hangs in the balance.

All eyes will be on major oil companies' 2017 results and their plans for the year ahead. Statements from BP, Statoil, and Total are all due this week.


In steel, workers at Germany's ThyssenKrupp could pave the way for the creation of Europe's second largest steel producer today by allowing a merger with India-based Tata Steel.


In the coal market, labor issues will also loom large, with a potential strike at one of the world's largest mines.


Meanwhile, tight supply will be an issue for the European petrochemicals market with polypropylene prices expected to increase this month.


In technology, a clutch of live blockchain-based power and gas trades will be demonstrated this week at the annual E-World event in Essen, Germany.


And finally, the fate of the Groningen gas field in the Netherlands hangs by a thread, with the market primed for a government decision in the days ahead.


Our social media question for this week: Is blockchain technology being over-hyped, or is it a real threat to established trading services? Tweet us your thoughts with the hashtag #PlattsMM.