EnergyScan

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 :
Share on twitter
Share on linkedin
Share on email

You might also read :

ES-gas
May 20, 2021

European prices crashed yesterday

European gas prices crashed yesterday, both on the spot and the curve, extending their previous session’s sharp losses. The market ignored the drop in Norwegian…
ES-oil
May 4, 2022

Chinese prospects drive the market down

Oil prices slid on Tuesday, ICE Brent lost 2.4% to end at $104.97/b. NYMEX WTI went 2.6% down to settle at $102.41/b. Market participants continue…
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?  Sign up here!

[booked-calendar]