European prices keep their bullish trend

European spot gas prices were mixed on Friday. Although rising, temperatures are expected to remain below normal this week.

Curve prices were more clearly up, supported by the strong rise in parity prices with coal for power generation (mainly due to the sharp rise in coal prices).

On the pipeline supply side, Russian flows were slightly down on Friday, at 320 mm cm/day on average, compared to 322 mm cm/day on Thursday. Norwegian flows were slightly up, averaging 303 mm cm/day, compared to 299 mm cm/day on Thursday (but still significantly below the 327 mm cm/day of the previous week).

European-prices-keep-their-bullish-trend
Share this news :

You might also read :

ES-economy
February 11, 2022

US inflation soars and the Fed panics

As has been the case for some time, US inflation figures exceeded expectations in January: 7.5% with inflation excluding energy and food at 6% yoy. We haven’t…
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]