Slight price rebound in Europe

European gas prices rebounded slightly yesterday as the bullish impact of higher EUA and coal prices (which increased parity prices with coal for power generation) prevailed over the bearish impact of (current) mild weather and weaker Asian prices. Indeed, JKM spot prices extended losses, falling to €23.106/MWh yesterday, -5.24% day-on-day.

On the pipeline supply side, Russian flows were down yesterday, at 303 mm cm/day on average, compared to 307 mm cm/day on Wednesday. But, Norwegian flows were up, averaging 341 mm cm/day, compared to 330 mm cm/day on Wednesday.

ttf-cal-2022-05
Share this news :

You might also read :

EnergyScan, webinar, ENGIE, ENGIE Gems, Macro, Oil, Gas, Power, Carbon
April 14, 2021

Energy markets: towards a bullish summer?

The EnergyScan team held its quarterly webinar covering key trends and events on energy markets. In this webinar, our experts addressed the following topics, with…
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…
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]