European prices up overall

European gas prices were up overall yesterday, supported by the ongoing concerns on weak stock levels as gas storages remain in net withdrawal mode in most countries.

The increase in Asia JKM prices and parity prices with coal for power generation (thanks in particular to strong EUA prices) provided additional support, particularly for curve prices.

On the pipeline supply side, Russian flows were stable yesterday, at 329 mm cm/day on average. Norwegian flows were slightly up, averaging 303 mm cm/day, compared to 301 mm cm/day on Wednesday (but still significantly below the maximum of 348 mm cm/day of early April).

european-prices-up-overall-2
Share this news :

You might also read :

ES-power
November 23, 2021

EUAs finally climbed above 70€/t

The forecasts of lower temperatures supported the power spot prices in northwestern Europe yesterday which climbed to 249.81€/MWh on average in Germany, France, Belgium and…
ES-gas
June 3, 2021

Prices took a breather

European gas prices dropped yesterday, taking a breather after the previous sessions’ strong increases. The drop in Asia JKM prices and in parity prices with…
ES-economy
April 20, 2021

In uncertainty

When the economic agenda is empty, markets look elsewhere and these day they see most of countries remaining in the grip of the pandemic and…
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]