European prices down again

European gas prices extended (moderately) losses on Friday as the rise in temperatures continued to exert downward pressure.

The drop in Asia JKM prices and in parity prices with coal for power generation (the drop in EUA prices offset the rise in coal prices) also provided some additional downward pressure.

On the pipeline supply side, Norwegian flows dropped slightly on Friday, averaging 270 mm cm/day, compared to 273 mm cm/day on Thursday. As for Russian flows, they were very slightly up on Friday, at 332 mm cm/day on average, compared to 331 mm cm/day on Thursday.

TTF-cal-2022
Share this news :

You might also read :

ES-economy
August 27, 2021

Jackson Hole: here we are

Stocks are down, rates (US 10y at 1.34%) and the dollar (EUR/USD at 1.1760) are up very slightly: the market is logically playing it safe…
ES-oil
January 18, 2021

Chinese crude buying at risk

Brent futures prices continue to be under pressure across the curve as rising coronavirus cases in China clouds the outlook for demand. Physical crude grades…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet? 

[booked-calendar]