European and Asian prices extended gains

Gas
April 20, 2021

European gas prices extended gains yesterday, still supported by tight domestic fundamentals.

The strong rise in Asia JKM prices provided additional support, offsetting the drop in parity prices with coal for power generation (both coal and EUA prices were down).

On the pipeline supply side, Russian flows were up yesterday, at 328 mm cm/day on average, compared to 320 mm cm/day on Friday. Norwegian flows were stable, averaging 303 mm cm/day (still significantly below the maximum of 348 mm cm/day of early April).

Share this news :

You might also read :

October 6, 2021

Equity markets yo-yo. Bond yields at their highest since June

Yesterday’s sharp rebound in equity markets should quickly come up against the wall of interest rates: the US 10-year yield rose above 1.57% this morning, its…

September 24, 2021

EUAs traded flat as participants continued to look for directions

Although still largely uncoupled, the power spot prices rebounded yesterday amid forecasts of declining wind and solar output offsetting the expectations of weaker power demand…

November 23, 2021

SPR day ?

Details of a potential US SPR release are emerging, with the announcement expected today. First, it is likely that the announcement will concern multiple countries.…

Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

European and Asian prices extended gains

You might also read :

Equity markets yo-yo. Bond yields at their highest since June

EUAs traded flat as participants continued to look for directions

SPR day ?

Simplifying energy markets