European prices rebounded

Prices rebounded yesterday in most European gas markets, supported by higher heating demand due to below-normal temperatures and lower pipeline supply. Indeed, due to maintenance works, Norwegian flows dropped again yesterday, to 310 mm cm/day on average, compared to 325 mm cm/day on Tuesday. Russian flows were almost stable, averaging 325 mm cm/day, compared to 326 mm cm/day on Tuesday. The rise in parity prices with coal for power generation (both EUA and coal prices were strongly up) provided additional upward pressure, particularly for curve prices.

ttf-cal-2022
Share this news :

You might also read :

ES-oil
September 7, 2021

Brent price nears $73/b

Crude oil prices hit a low yesterday ($71.51/bbl for Brent) after Saudi Arabia cut the price of its exports to Asian customers. Then, they recovered…
ES-economy
July 12, 2021

Reflation goes abroad

As the recent collapse in US bond yields, and the flattening of the term structure continues, the reflation thesis might have peaked, with slower growth in…
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]