European prices rebounded

  • Gas

In a rather quiet trading session as the UK market was closed, continental Europe gas prices rebounded yesterday as the bearish impact of the rise in temperatures started to fade.

The rise in Asia JKM prices and in parity prices with coal for power generation (thanks to the increase in EUA prices) and technical buying after last week’s strong losses provided upward pressure.

On the pipeline supply side, Norwegian flows increased yesterday, averaging 279 mm cm/day, compared to 270 mm cm/day on Friday. As for Russian flows, they were stable, at 332 mm cm/day on average.

TTF-cal-2022
Share this news :

You might also read :

ES-economy
March 1, 2021

Bond markets calm down

Bond yields have declined significantly on Friday, erasing almost completely Thursday’s rise. This does not mean tensions are over: in the US, the House of…
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]