European gas storage and swing market comments – November 2024

Gas-storage

A mix of bearish and supportive drivers dictated recent price movements: on one hand, mild weather and healthy storage levels that exceeded the EU target of 90% set for 1 November put downward pressure on prices. On the other hand, unplanned outages at Norwegian fields, rallying EUA prices – which indirectly means more gas burn versus coal – as well […]

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