empty
14.11.2022 11:42 PM
Gas in Europe jumped in price by 20%

This image is no longer relevant

The exchange price of gas on the ICE Futures platform soared above $1,150 per thousand cubic meters on Monday. The cost of the December futures on the TTF hub in the Netherlands rose by 10% and by 11:32 London time reached $1168. Already in the evening, the cost of gas in Europe soared by 20%, by 18:46 London time they reached the level of $1250.

But prices in the spot market are much lower. The value of the contract with the delivery "day ahead" (November 14) was $716.6. The average price of spot contracts in November is even lower - $605.8.

The rise in prices occurred amid a sharp cooling in some European regions. Temperatures are expected to drop significantly over the weekend and early next week in parts of Northern Europe and Germany, down to freezing temperatures. This Maxar Technologies forecast suggests that winter is coming and that the commodity market is entering a strong phase.

But in addition to the forecasts, sad for European inhabitants, energy prices are also supported by the prospect of limiting supplies from Norway, one of the largest gas suppliers to Europe. The fact is that work at the Asgard field was stopped in some places due to identified technological problems. The message about these problems came to the world media from the Norwegian international energy company Equinor, which is the owner of Asgard.

Last Sunday, a fire broke out in the platform's transformer, due to which production on it was stopped, and the personnel were evacuated. For this reason, daily nominations have decreased by about 7%. aggravated by the fact that there is no talk about the timing of recovery in the media.

On top of that, on Monday at a large gas processing plant in Norway (gas is being prepared there for deliveries to the UK), personnel were evacuated and even the police came. Details of what happened there have not yet been received. The operator of the Norwegian GTS only said that this unpleasant incident did not disrupt the planned flow of gas to Europe, although it clearly increased the anxiety of buyers.

Recall that due to fears of a ban on the import of Russian energy resources in March, stock gas quotes updated their historical highs for four consecutive days. The price record was reached on March 7 at $3892. In the period April-May, the cost of gas began to fall, but rose again in the summer months. In August, the average settlement price began to exceed $2,450, and this was a new record for the entire history of the operation of gas hubs in Europe, that is, since 1996.

This autumn, gas quotes finally began to decline. The average settlement price of the nearest futures in September was at the level of $2093, and in October it was already $1377. This is probably due to the high level of occupancy of gas storage facilities in Europe. By the way, the total level of blue fuel in underground storage facilities in Germany is already 99.89%. In any case, this is what the German Federal Network Agency said. And at the same time, they noted that it is still impossible to exclude the worsening of the situation.

Andreeva Natalya,
Especialista em análise na InstaForex
© 2007-2025
Selecionar intervalo de tempo
5
min
15
min
30
min
1
hora
4
horas
1
dia
1
s.
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO

Recommended Stories

EUA contra todos: Tarifas de Trump pressionam mercados globais, de Wall Street à Europa

Todos os três índices caem após anúncio de tarifas de Trump Apple lidera as maiores perdas no setor de tecnologia Ações de varejo caem com preocupações sobre tarifas asiáticas Medidor

Thomas Frank 17:35 2025-04-04 UTC+2

Resumo de notícias do mercado dos EUA para 4 de abril

Os mercados despencaram após o anúncio de novas tarifas de importação por Donald Trump, desencadeando uma liquidação generalizada nas ações dos EUA. O Dow Jones, o NASDAQ e o S&P

Ekaterina Kiseleva 17:27 2025-04-04 UTC+2

Resumo de notícias do mercado dos EUA para 03 de abril

Futuros despencam após novas tarifas: Nike e Boeing são as mais atingidas. Índice de medo aumenta Os mercados acionários dos EUA começaram abril em forte queda, reagindo ao anúncio

Irina Maksimova 17:08 2025-04-03 UTC+2

Os mercados estão nervosos com a imposição de tarifas de 10% sobre as importações, o ouro e o euro disparam

Trump anuncia tarifa básica de 10% sobre todas as importações em discurso de abertura Ouro em alta recorde, iene salta, obrigações sobem Os índices sobem antes do discurso: Dow 0,56%

Thomas Frank 14:51 2025-04-03 UTC+2

US$ 10 bilhões: O preço de um erro – J&J volta aos holofotes

Os indicadores do balanço patrimonial estão em turbulência. As ações das companhias aéreas estão em queda. A J&J também está caindo. Grandes ganhos para nomes recentes de IPO CoreWeave

18:02 2025-04-02 UTC+2

Resumo de notícias do mercado dos EUA para 02 de abril

A Johnson & Johnson enfrentou um sério revés quando um juiz rejeitou um acordo de US$ 10 bilhões sobre reclamações relacionadas ao talco, fazendo com que as ações da empresa

Natalia Andreeva 17:45 2025-04-02 UTC+2

US$ 10 bilhões: O preço dos erros? J&J de volta à tempestade jurídica

Balanços patrimoniais sobrevivem ao dia anterior ao evento das tarifas de Trump Companhias aéreas caem após rebaixamento da Jefferies A J&J cai depois que o juiz rejeita um acordo

Thomas Frank 16:36 2025-04-02 UTC+2

Q1 2025: Mercados registram a maior queda nas taxas desde 2022

S&P e Nasdaq registram o pior mês desde dezembro de 2022 A maior queda trimestral na taxa de juros: S&P desde o terceiro trimestre de 2022, Nasdaq no segundo trimestre

Thomas Frank 18:51 2025-04-01 UTC+2

Resumo de notícias do mercado dos EUA para 1 de abril

Os índices de ações dos EUA fecharam a sessão com resultados mistos: o S&P 500 subiu 0,55%, enquanto o Nasdaq 100 recuou 0,14%. Essa incerteza reflete as preocupações dos investidores

Ekaterina Kiseleva 18:44 2025-04-01 UTC+2

Ouro: O novo rei das crises? Melhor trimestre desde 1986 em meio à turbulência global

Nikkei cai 4%, Nasdaq Futures cai 1,4% Trump diz que as tarifas dos EUA serão aplicadas a todos os países O ouro tem o melhor trimestre desde 1986 Dólar caminha

Thomas Frank 18:24 2025-03-31 UTC+2
Não pode falar agora?
Faça sua pergunta no chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.