Natural gas prices watch

(19 January) European gas prices fell for a fourth straight day on Monday, amid expectations of milder weather and increasing renewable power generation. Front-month UK NBP and Dutch TTF closed 7.7% and 6% lower respectively. The losses saw NBP return to the USD 7/MMBtu range for the first time since 7 January, with TTF returning to the USD 6/MMBtu range for the first time since the first week of the year.

RELATED POSTS

The growing complexity of natural gas markets

4 weeks ago

TTF seasonal spreads finally return into positive territory

4 weeks ago

TTF prices crashed by more than 20% since Liberation Day

1 month ago

Surging Covid-19 cases around the globe continued to weigh on crude prices, with front-month Brent and WTI both fall by 0.6% to start the week.

A public holiday in the US on Monday meant that the CME’s month-ahead JKM, Henry Hub and AP12 coal contracts remained unchanged to start the week.

The European carbon price fell for a fourth day, recording a marginal loss of 0.3% on Monday.

Source: Gas Strategies

Follow on Twitter:

[tfws username=”GasStrategies” height=”700″ width=”350″ theme=”light” color=”#FAB81E” tweets=”2″ header=”yes” footer=”yes” borders=”yes” scrollbar=”yes” background=”yes”]