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Gas markets weaker, little additional downside potential next week

Prices on the German spot THE and for the front month Dec-23 have converged significantly on the German THE in the past week. In the previous week, the front month was still around 4 EUR/MWh…
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Gas markets with focus on Asian LNG prices and the power market

The risk premiums since the start of the escalation in the Middle East have largely been priced out again on the gas futures markets in the meantime. The further development of gas prices in November…
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Warm start of winter – weak gas demand in October

Gas prices were highly volatile in October and significantly more expensive than in the previous month of September. This was mainly due to the risk premiums caused by the escalation in the Middle East, as…
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Despite the Middle East conflict: Why the gas markets have calmed down somewhat

Geopolitical risks continue to provide support on gas markets this week. However, the current trading week has so far been less volatile than the last two weeks.
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Geopolitical risks cause high volatility on gas market

The escalation in the Middle East is again causing high volatility on the gas markets this week. Since the start of the conflict, spot prices have at times risen to as much as 55 EUR…
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Finland and the Balticconnector

The damage to the pipeline between Finland and Estonia and the escalation in the Middle East are causing turbulence on the gas markets this week. The Balticconnector is Finland’s only pipeline link to the European…
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Norway and USA are the two largest gas suppliers for Europe

With a market share of over 40 percent of European LNG imports, the USA dominates the LNG supply in Europe. This makes the USA the most important gas supplier for Europe after Norway. An overview…
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Gas market outlook October, demand bearish, LNG uncertain

From a fundamental point of view, the picture for the first half of October is bearish. The gradual return of Norwegian gas supplies and a warm start to winter suggest a relaxed first half of…
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Risk of more volatile gas prices in October

The repeatedly extended maintenance work in Norway and the Australian strikes continue to occupy the European gas markets this week. However, gas prices are not particularly volatile in the current month, which is typical for…
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Strikes, little gas from Norway, rally in LNG freight rates

The intensification of the strike in Australia and the extended maintenance work in Norway are causing gas prices to rise again this week. On the German THE, day-ahead rose to over 38 EUR/MWh at times,…
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