European prices fell slightly

European gas prices weakened overall yesterday, as the easing of the tension on Asian markets exerted downward pressure. Indeed, JKM spot prices weakened again yesterday, to €41.570/MWh, -10.70% day-on-day. On the Japan Electric Power Exchange, spot power prices for delivery today eased to €500/MWh, down from €618/MWh for delivery on Wednesday.

On the pipeline supply side, Russian flows were almost stable yesterday, at 318 mm cm/day on average, compared to 317 mm cm/day on Tuesday, still significantly below the 371 mm cm/day on average of December 2020. Norwegian flows were slightly down, averaging 339 mm cm/day, compared to 342 mm cm/day on Tuesday.

ttf-day
Share this news :

You might also read :

ES-gas
December 7, 2021

Cal 2022 prices continue to increase

European spot gas prices were mixed yesterday, amid almost unchanged fundamentals. Norwegian flows were up yesterday, averaging 350 mm cm/day, compared to 344 mm cm/day…
ES-oil
May 10, 2022

Oil drops on global sell-off

Oil benchmarks slumped yesterday: ICE Brent front month lost -5.7% and ended the day at $105.94/b and NYMEX WTI front month closed -6.1% lower at…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter
Thank you for subscribing to our newsletter​

We will get back in touch with you soon.

Don’t forget to follow us on twitter!

EnergyScan - Newsletter subscription

Don’t have an account yet? 

[booked-calendar]