EnergyScan

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 :
Share on twitter
Share on linkedin
Share on email

You might also read :

ES-economy
April 21, 2022

No clear direction for financial markets

The markets are hesitant, with no clear direction. The EUR/USD exchange rate has risen sharply to 1.09 after statements by ECB members raising the possibility of…
ES-gas
August 27, 2021

Curve prices maintain their uptrend

European spot gas prices were mixed again yesterday, unable to find a strong driver. Prices on the curve were more clearly up, more sensitive to…
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]