Increased gas supply pushes prices down in Europe

By Catriona Scott 29 June 2016 14:44 GMT

After a week of relative stability the NBP day-ahead dipped by roughly 1 p/th ($0.14/MMBtu) at the start of the week, falling to 33.7 p/th on Tuesday. Other hubs in Europe saw similar declines in day-ahead prices on the same day, with the TTF, NCG and PEG Nord all falling to around 34 p/th.