European and Asian prices up

Gas
March 12, 2021

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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European and Asian prices up

You might also read :

Evergrande avoids default

The Fed’s minutes: nasty surprise or relief?

Massive Fed balance sheet reduction in sight

Simplifying energy markets