Prices down on the spot and the curve

European spot gas prices continued their up and down movements yesterday, dropping after the rise of the previous session. On the pipeline supply side, Norwegian flows were almost stable yesterday, at 264 mm cm/day on average, compared to 263 mm cm/day on Monday. The same for Russian flows, which averaged 332 mm cm/day, compared to 331 mm cm/day on Monday.

Curve prices were also lower as the drop in parity prices with coal for power generation (both EUA and coal prices were down) provided additional downward pressure.

TTF day ahead and month ahead (1st nearby) prices
Share this news :

You might also read :

ES-gas
May 19, 2021

Sharp drop in European prices

European gas prices dropped significantly yesterday, both on the spot and the curve. With spot fundamentals almost unchanged, the bearish movement seems to have been…
November 28, 2022

Fed reassures, China worries

Macro & Oil Podcast #5 In this EnergyScan podcast, Olivier Gasnier tells us about the conclusions to draw from the minutes of the Fed’s meeting…
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]