Commodity Market Report
Europe gas and power markets short-term outlook Q2 2020
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Market conditions in the European gas market have continued to deteriorate. All of Europe's major piped suppliers are suffering from the lack of market space and record low hub prices. Little respite will be found through this summer but growing numbers of US LNG cargo cancellations will help to bring balance as already record levels of gas in store approach maximum levels. The fall in oil prices has so far had minimal impact on European gas dynamics. But as Henry Hub prices rise due to the fall in associated gas production, the competitiveness of US LNG into Europe will weaken through 2021. If Nord Stream 2 starts up in Q1 2021 as expected, might Gazprom be emboldened to increase flows to Europe at the expense of US LNG offtakers?
Table of contents
- European gas prices struggle to find a floor
- NEW! The main report is in a slidepack format with an enhanced data pack download covering the full European gas balance
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Macro Oils short-term outlook: September 2020
One step forward, two steps back as demand stumbles and OPEC+ increases.
$2,000
Insight
End of the ICE age? Europe's shift from oil to electric powered vehicles
Policy support for "zero tailpipe emissions" from cars is building in Europe resulting in significant impact on oil and power markets
$1,350
Commodity Market Report
Macro oils short-term outlook: March 2023
Global liquids demand recovers to 2019 levels by Q2 2023, as China demand surges
$2,000
