European curve prices down

European spot gas prices were mixed again yesterday, torn between the opposite impacts of lower temperatures and higher LNG supply. Once again, the trend was more clearly bearish for curve prices; this time, the drop was more in line with the drop in parity prices with coal for power generation (following lower EUA and coal prices).

On the pipeline supply side, due to process problems at the Aasta Hansteen field, Norwegian flows dropped yesterday, averaging 319 mm cm/day, compared to 325 mm cm/day on Tuesday. Russian flows continued to normalize, rising to 319 mm cm/day on average, compared to 317 mm cm/day on Tuesday.

Share this news :

You might also read :

ES-gas
April 1, 2021

European gas prices extended gains

European gas prices increased again yesterday, supported by forecasts of lower temperatures from tomorrow with levels expected to drop significantly below normal next week. While…
ES-power
November 26, 2021

EUAs finally reached 75€/t

The power spot prices faded in northwestern Europe yesterday, driven down by forecasts of stronger wind output despite the colder temperatures. The day-ahead prices averaged…
ES-oil
April 21, 2022

Oil is stable, market is waiting

Crude oil prices were sideways on Wednesday. Brent first nearby prices decreased by 0.4% to close at $106.70/b while WTI prics did not move to settle at…
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]