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Russian gas flows to Europe declined further

Close price: Session on session losses were posted yesterday, as prices came under pressure from expected warming temperatures from tomorrow, as well as good progress in Russian Ukraine peace talks, with a 15-point peace plan drafted, placing some optimism in the markets.  

Opening price: Prices opened up across the curve as Russian flows to Europe decreased from all the major pipelines. The UK did see 3 LNG cargoes arrive yesterday, which is helping to keep the price rises tamed. In total, 22 cargoes have arrived already in March, which is looking to be a strong month of deliveries.