European spot prices resumed their rise

European spot gas prices resumed their rise yesterday, mainly supported by lower pipeline supply. Indeed, Norwegian flows dropped significantly yesterday, averaging 265 mm cm/day, compared to 281 mm cm/day on Wednesday, following additional maintenance works at the Karsto terminal. As for Russian flows, they remained stable once again, at 332 mm cm/day on average.

The evolution was more mixed for curve prices, torn between the rise in coal prices and the drop in EUA prices (and at the end, parity prices with coal for power generation were slightly down).

TTF-cal-2022
Share this news :

You might also read :

ES-economy
June 9, 2021

Markets still on hold

This was to be expected: market participants are waiting for tomorrow and the parallel releases of US inflation figures as well as the ECB’s decision…
ES-economy
June 24, 2021

Fed: the cacophony continues

Limited market moves again yesterday, as Fed members continued to send mixed signals on monetary policy. Preliminary PMIs confirmed the strength of activity growth but…
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]