European prices rebounded

  • Gas

In a rather quiet trading session as the UK market was closed, continental Europe gas prices rebounded yesterday as the bearish impact of the rise in temperatures started to fade.

The rise in Asia JKM prices and in parity prices with coal for power generation (thanks to the increase in EUA prices) and technical buying after last week’s strong losses provided upward pressure.

On the pipeline supply side, Norwegian flows increased yesterday, averaging 279 mm cm/day, compared to 270 mm cm/day on Friday. As for Russian flows, they were stable, at 332 mm cm/day on average.

TTF-cal-2022
Share this news :

You might also read :

ES-gas
July 1, 2022

Prices maintain their bullish trend

European gas prices were up overall yesterday, still supported by uncertainties on Russian supply and LNG flows (following the shutdown of the US Freeport LNG…
ES-power
October 26, 2021

EUAs edged up on slightly bullish gas market

The European power spot prices slightly increased yesterday as the forecasts of higher power demand and dropping solar generation offset the expectations of stronger wind…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

START A FREE TRIAL
Subscribe to our newsletter
LOG IN

Don’t have an account yet? 

Sign up here!
[booked-calendar]