Rebound in European spot prices

European spot gas prices rebounded yesterday, wiping out some of their Friday losses.

Prices on the curve were more mixed as the impact of the slight increase in parity prices with coal for power generation was offset by the drop in Asia JKM prices.

On the pipeline supply side, Russian flows were very slightly down yesterday, at 328 mm cm/day on average, compared to 329 mm cm/day on Friday. The same for Norwegian flows, which averaged 300 mm cm/day, compared to 302 mm cm/day on Friday (still significantly below the maximum of 348 mm cm/day of early April).

ttf-cal-2022
Share this news :

You might also read :

ES-economy
May 24, 2021

A bit of calm after a hectic week

Volatility has been quite strong on financial markets last week, with the Fed minutes in the middle of the week and huge price variations on…
ES-gas
October 29, 2021

Prices maintained their short term downtrend

European gas prices dropped significantly yesterday, still pressured by above-normal temperatures and more comfortable supply. Norwegian flows rebounded to 337 mm cm/day on average yesterday,…
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]