European prices extended gains

  • Gas

European gas prices increased again yesterday, supported by weak pipeline supply and lower temperatures. Norwegian flows increased slightly yesterday, averaging 304 mm cm/day, compared to 302 mm cm/day on Tuesday, but still below the 324 mm cm/day of last Friday. Russian flows weakened to 262 mm cm/day on average, still significantly below the 319 mm cm/day on average of January 2021.

The rise in parity prices with coal for power generation (due to higher EUA and coal prices) provided additional upward pressure.

ttf-cal-2022-25
Share this news :

You might also read :

ES-economy
May 3, 2021

EUR/USD sharply down

The EUR/USD exchange rate plunged by more than 1$ on Friday and is now trading just above 1.20. The preliminary estimates of Q1 GDP growth…
ES-economy
February 11, 2021

Wait and see

No big moves on financial market. January US inflation figures came out a bit below expectations, which reinforced the wait-and-see attitude and perplexity in a…
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]