Most European prices down again yesterday

Prices were down again yesterday in most European gas markets (to the exception of Spain PVB prices). The drop seems to have been triggered by expectations of warmer temperatures. The easing of tension on Asian markets (baseload spot power prices on the Japan Electric Power Exchange were stable yesterday at €775/MWh) also exerted downward pressure.

On the pipeline supply side in Europe, Russian flows were stable yesterday, at 317 mm cm/day on average. Norwegian flows were up, averaging 342 mm cm/day, compared to 330 mm cm/day on Friday, with the issue at the Oseberg gas field having been resolved over the weekend.

ttf-cal-2022
Share this news :

You might also read :

ES-oil
October 7, 2021

Diesel supply and demand shocks

Diesel cracks are soaring globally, which may indicate that there is stronger demand, partly due to oil-to-gas switch and a recovery in aviation demand that reduces…
ES-power
June 29, 2021

EUAs rebounded after an early weakness

The European power spot prices edged up yesterday as the higher fuels and emissions price combined with the expectations of stronger power demand offset the…
ES-oil
June 2, 2021

OPEC passes on its turn

Strong uncertainty around the timing of a potential return of Iranian oil on the market pushed the OPEC+ group to just confirm what had been…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter
Thank you for subscribing to our newsletter​

We will get back in touch with you soon.

Don’t forget to follow us on twitter!

EnergyScan - Newsletter subscription

Don’t have an account yet? 

[booked-calendar]