보기: Market Movers Europe, Mar 28-Apr 1: Markets roiled by Russian standoff

In this week's highlights: Gas markets continue to grapple with the fallout from Russia's invasion of Ukraine; French nuclear power generation is set to fall further, keeping gas-for-power demand high; and UK plastics producers face additional costs from a new tax.

But first, the international effort to isolate Russia continues to dominate oil markets, as the US urges domestic producers to maximize output, Germany leads European efforts to end dependence on Russia, and the OPEC+ producer group resists pressures to increase crude output.

The possibility of an additional strategic stock release by the US and its partners hangs in the air as the market adjusts to measures in Europe to end Russian diesel imports.

OPEC+ producer nations, led by Russia and Saudi Arabia, will meet on Thursday and are expected to stick with the incremental unwinding of cuts, with key Middle Eastern producers so far unmoved by requests to lift output faster.

The Atlantic Council Energy Forum in Dubai from Monday will provide an insight into these matters, with speakers including OPEC secretary general Mohammad Barkindo, the UAE energy minister and the CEO of Italy's Eni.

European governments are also focusing on improving energy resilience, a key topic to look for in the annual outlook from the UK's North Sea oil and gas industry group, Offshore Energies UK, on Tuesday.

The geopolitical fallout from Russia's invasion of Ukraine continues to have significant knock-on effects in European gas markets too.

The announcement on March 23 by Russian President Vladimir Putin that state-controlled Gazprom should prepare to switch European supply contracts to ruble-based pricing took the market by surprise, heightening concerns over supply security.

EU leaders largely dismissed the development, saying Gazprom would be in breach of contract if it tried to unilaterally change payment terms.

But it led to renewed speculation that Russian gas flows to Europe – which for now continue unhindered – could face disruption, either from contractual issues or political action by the EU or Moscow.

Putin gave one week for the preparations to be made for the ruble switch, so the market will be watching developments closely.

And that takes us to our social media question for the week: Will European energy companies switch to paying for Russian oil and gas in rubles? Tweet us your thoughts.

In power, French nuclear output could drop below 30 GW with another three reactors taken offline for planned maintenance on March 26.

France's under-performing nuclear fleet, as well as low hydro stocks in Spain and Portugal, are a key factor in keeping gas-for-power demand high.

And the Spanish government is due to announce a set of measures on March 29 to mitigate the impact of high energy prices, which have led to reduced industrial output and truckers' strikes that have disrupted the steelmaking supply chain.

And finally, in petrochemical markets, plastics producers and purchasers in the UK market face added costs next month with the introduction of a 200 pound per metric ton tax on April 1.

The tax applies to all plastic packaging containing less than 30% recycled material, produced either domestically or imported to the UK.

The additional cost is expected to heap further pressure on recycling infrastructure, already suffering from tight availability of material as more companies transition toward circular economy supply chains.

The Platts Atlas of Energy Transition is your map to the sustainable commodity markets of the future. You can explore the Atlas by visiting the address displayed on your screen.

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