• Global Gas Analytics
  • Analysis & Forecasts

Europe & Russia Price trends

November 2018

European hub prices remain high, despite pressure from weak demand.

The NBP month-ahead averaged 69 p/th during the first half of November after having averaged 70.7 p/th in October. This moderate easing was the result of weak demand at the start of the winter weighing on hub prices. Stronger slides have been seen at the TTF and GasPool, where month-ahead prices averaged around 68 p/th in October before dropping to 64 p/th during the first half of November.

European month-ahead prices

Weak demand is...