European gas hubs UK NBP and Dutch TTF failed to extend gains for a third consecutive day, with both benchmarks falling on Tuesday by 4% and 3.5% respectively. US gas benchmark Henry Hub also fell but the loss was minor at 0.2%, with CME’s December-dated JKM futures contract remaining unchanged.
Crude oil prices were mixed on Tuesday, with WTI settling 0.2% higher and Brent down 0.2%.
The European carbon price ended a three day rally, as month-ahead ETS allowance (EUA) futures fell by 2.7% to close at EUR 26.64/tonne.
Front-month futures and indexes at last close with day-on-day changes (click to enlarge):
Time references based on London GMT. Brent, WTI, NBP, TTF and EU CO2 data from ICE. Henry Hub, JKM and API2 data from CME. Prices in USD/MMBtu based on exchange rates at last market close. All monetary values rounded to nearest whole cent/penny. Text and graphic copyright © Gas Strategies, all rights reserved.