EnergyScan

Global gas prices correct downwards

European and Asian gas prices retraced some of their strong gains recorded earlier in the week on Friday. Spot prices also weakened slightly on the back of a long UK gas system, rising Norwegian production due to a reduced maintenance impact and prospects of higher sendouts from French LNG imports terminals. On the curve, the TTF Q4 21-Q1 22 spread moved further high in positive territory, highlighting strong concerns over an extended storage injection period inEurope to refill depleted stocks.

TTF Q4 21-Q1 22 spread
Share this news :
Share on twitter
Share on linkedin
Share on email

You might also read :

ES-gas
July 16, 2021

European prices down again

Prices weakened again yesterday in most European gas markets, pressured by lower demand and technical selling (on the back of lower oil prices). On the pipeline…
ES-oil
December 20, 2021

Shortening the length

Crude oil prices slipped, with ICE Brent front-month prices at reaching 71$/b, as money managers continued to aggressively reduce their net length across WTI & Brent…
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]