Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rocket domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/befikry/energyscan.befikry.com/wp-includes/functions.php on line 6121
European prices down again – EnergyScan

European prices down again

European gas prices weakened again yesterday, still more sensitive to warmer weather and negative clean spark spreads on the spot and the month-ahead than to the drop in pipeline supply. Due to a series of unplanned outages, Norwegian flows have reversed their recent uptrend, averaging 318 mm cm/day yesterday, compared to 324 mm cm/day on Friday. Russian flows on their side continued to drop, at 260 mm cm/day on average, compared to 267 mm cm/day on Friday, significantly below the 371 mm cm/day on average of December 2020. The drop in US Henry Hub prices (as production issues eased) provided additional downward pressure.

ttf-cal-2022-23
Share this news :

You might also read :

ES-economy
June 15, 2021

Key US economic reports today

Equities and bond yields slightly up, USD slightly down. There are limited moves in the market ahead of Fed meeting. Cautious optimism prevails, i.e. the…
ES-gas
May 28, 2021

Sharp drop in European prices

European gas prices dropped significantly yesterday, pressured by lower residential demand due to higher temperatures and higher Norwegian supply. Indeed, Norwegian flows recovered yesterday, averaging…
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]