Gasoil cracks continue to boost crude prices
Crude prices remained firm yesterday, at 75.4 $/b for ICE Brent font-month contract, as gasoil cracks continued to sharply increase in Europe and Asia. The…
European gas prices were mixed yesterday: rather bearish on the spot on the back of the increase in pipeline supply and the drop in Asia JKM prices, slightly up on the far curve thanks to the rise in parity prices with coal for power generation (both EUA and coal prices were up).
On the pipeline supply side, Norwegian flows rebounded yesterday, averaging 280 mm cm/day, compared to 263 mm cm/day on Friday. As for Russian flows, they remained stable, at 332 mm cm/day on average.
Get more analysis and data with our Premium subscription
Ask for a free trial here