European and Asian prices up

  • Gas

European gas prices extended gains yesterday, still supported by the drop in temperatures. On the pipeline supply side, Norwegian flows were stable yesterday, at 329 mm cm/day on average. Russian flows were slightly lower, averaging 318 mm cm/day, compared to 320 mm cm/day on Wednesday.

The rise in oil and Asia JKM prices provided additional upward pressure, particularly for curve prices.

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June 15, 2021

Prices rebounded

With fundamentals almost unchanged, European spot gas prices rebounded yesterday, keeping their bullish trend. On the pipeline supply side, Norwegian flows increased to 263 mm…
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