Prices extended gains

Prices increased again significantly yesterday in most European gas markets, still supported by strong residential demand and relatively weak supply amid very bullish Asian power and gas markets. JKM spot prices rose to €90.824/MWh yesterday, +14.60% day-on-day, on the back of ongoing exceptional spot baseload power prices on the Japan Electric Power Exchange.

On the pipeline supply side in Europe, Russian and Norwegian flows were stable yesterday, respectively at 321 mm cm/day and 334 mm cm/day on average.

Share this news :

You might also read :

June 29, 2022

Oil continued to climb

Yesterday oil benchmarks went up: ICE Brent traded 2.5% higher at $117.58/b. While, NYMEX WTI price moved up by 2.0% to $111.76/b.A bullish factor was…
March 17, 2021

The market is waiting for the Fed

Financial markets should remain rather cautious today ahead of the end of the Fed meeting. We do not expect any policy change, but the tone…
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?