European gas prices weakened again

European gas prices weakened again yesterday, still pressured by lower heating demand due to rising temperatures. The drop in parity prices with coal for power generation (both EUA and coal prices were down) provided additional downward pressure.

On the pipeline supply side, due to planned and unplanned works, Norwegian flows were down yesterday, averaging 336 mm cm/day, compared to 344 mm cm/day on Wednesday. Russian flows were slightly down, at 324 mm cm/day on average, compared to 326 mm cm/day on Wednesday.

ttf-cal-2022
Share this news :

You might also read :

ES-oil
January 8, 2021

Mobility takes a toll

Brent prompt futures remained at 54.7 $/b on early Thursday. Mobility across Europe and the US is reportedly lower in early January as most countries…
ES-economy
November 3, 2021

Markets await the Fed with an eye on China

There was little significant movement in the financial markets, although equities continued to rise, with the CAC 40 breaking its record high from the internet…
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]