The market is waiting for US inflation figures
No significant news yesterday. US equity markets did find the resources to go a little higher on speculation that Joe Biden may decide to appoint…
European gas prices weakened again yesterday as profit taking continued to exert downward pressure. The drop in parity prices with coal for power generation (both EUA and coal prices were down) provided additional downward pressure, particularly for curve prices.
On the pipeline supply side, due to maintenance works at the Aasta Hansteen gas field, Norwegian flows dropped yesterday to 325 mm cm/day on average, compared to 340 mm cm/day on Monday. Russian flows were stable, averaging 326 mm cm/day.
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