European gas prices weakened again

  • Gas

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-economy
June 14, 2021

The market is waiting for the Fed now

Equity markets remain on an upward trend and bonds are trading near their recent highs (yields near their lows). A key consumer survey showed lower…
ES-gas
October 6, 2021

Prices jumped to new highs

European gas prices increased again strongly yesterday, supported by ongoing concerns on supply scarcity, to which has been added the downward revision of temperatures forecasts…
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]