Prices took a breather

  • Gas

European gas prices dropped yesterday, taking a breather after the previous sessions’ strong increases.

The drop in Asia JKM prices and in parity prices with coal for power generation (both EUA and coal prices were down) provided additional downward pressure.

On the pipeline supply side, Norwegian flows dropped slightly yesterday, averaging 282 mm cm/day, compared to 284 mm cm/day on Tuesday. As for Russian flows, they remained stable once again, at 332 mm cm/day on average.

ttf-cal-2022
Share this news :

You might also read :

ES-oil
June 4, 2021

Oil prices slightly down

Brent 1st-nearby prices edged down yesterday, but they remain elevated, above $71/b. WTI prices are slightly below $69/b. Prices were dragged down by a strong…
ES-gas
June 8, 2021

Prices up on the spot and the curve

European spot gas prices rebounded yesterday. Despite the drop in residential demand due to the sharp rise in temperatures, weaker pipeline supply left gas balances…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

START A FREE TRIAL
Subscribe to our newsletter
LOG IN

Don’t have an account yet? 

Sign up here!
[booked-calendar]