Strong rise in European prices

  • Gas

European gas prices increased significantly yesterday, supported by the sharp drop in temperatures. The rise in parity prices with coal for power generation (due to the strong rise in EUA prices) provided additional upward pressure.

On the pipeline supply side, Norwegian flows were slightly down yesterday, averaging 346 mm cm/day, compared to 348 mm cm/day on Monday. The same for Russian flows, at 324 mm cm/day on average, compared to 325 mm cm/day on Monday.

ttf-cal-2022
Share this news :

You might also read :

ES-oil
March 15, 2021

Chinese runs surprise to the upside

ICE Brent prompt contract was trading at 69.7 $/b on Monday as most Texan refineries were restarted over the weekend. Furthermore, Chinese crude processing in…
ES-oil
May 7, 2021

OPEC+ compliance remains poor

ICE Brent prompt contract eased to 68.5 $/b. An OPEC+ internal document showed poor compliance in March, as the cumulative overproduction reached 3.3 mb/d. The…
ES-oil
December 23, 2021

Christmas outages

ICE Brent crude prices rebounded, with ICE Brent February contract touching 75 $/b while time spreads were back in backwardation. Indeed, outages in OPEC countries…
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]