• Global Gas Analytics
  • Analysis & Forecasts

Europe & Russia Price trends

December 2018

European hub prices have seen further declines, and seasonal gains at the peak of winter are set to be limited.

The NBP month-ahead price was around 66-68 p/th by mid-December after coming under further pressure from weak demand. Prices averaged close to 66 p/th during the first half of December, down from 68 p/th in November and 71 p/th in October. Similar declines have been seen at hubs on the Continent, with the TTF month-ahead dropping from a high of 69 p/th in mid-November to 65...