Global Gas Analytics Market Insight
European hub prices will come under further pressure15 February 2017
Mild weather over the coming week will weaken gas demand and put European prices under pressure.
Prices across Europe’s major hubs have been falling over the past week and are expected to continue to drop. The NBP day-ahead had reached a season high at the start of February when it was driven up to 61 p/th by weather-related demand when much of the UK was hit by a cold snap. However, the NBP day-ahead had fallen to around 49 p/th on Tuesday and is forecast to come under further pressure on Wednesday as the market looks set to be oversupplied.
Log in or register for a free trial to continue reading this article
Already a subscriber?
If you already have a subscription, sign in to continue reading this article.Sign in
Not a subscriber?
To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.Sign up