Europe gas prices edge up amid U.S.-Iran talks impasse
XLE•European carbon prices slip
In the European carbon market, the benchmark contract CFI2Zc1 was down €0.30 at €81.41 per metric ton.
Weather and supply factors also shape demand outlook
Gas-for-power demand could fall as wind power output in north-west Europe has been revised higher for the weekend, while solar output is forecast to dip today and then rebound tomorrow, LSEG data showed.
French nuclear generation continues to increase and is expected to rise by 4.3 gigawatts (GW) by tomorrow to 42 GW.
Total Norwegian exports are nominated at 333 million cubic metres (mcm), up 29 mcm/day from 286 mcm/day yesterday.
European gas prices rise on U.S.-Iran deadlock and sanctions concerns
LONDON, Aug 20 (Reuters) - Benchmark Dutch and British wholesale gas prices edged up on Thursday morning amid the impasse in talks for deal to end the U.S.-Iran war and concerns about tighter U.S. sanctions on Iran.
The benchmark Dutch front-month contract at the TTF hub TFMBMc1 edged up by €0.57 to €63.95 euros per megawatt hour (MWh) by 0745 GMT, ICE data showed.
The British front-month contract NGLNMc1 rose by 1.56 pence to 157.95 pence per therm.
Shipping traffic through the Strait of Hormuz on Wednesday was unchanged from the day before as discussions to end the war between the United States and Iran remained deadlocked, according to the latest shipping data.
U.S. President Donald Trump has warned of economic consequences against any country that provided "any type of lifeline to Iran" as the United States looks to resolve a war it began alongside Israel nearly six months ago.
The United Arab Emirates' decision to suspend all financial and economic transactions with Iran until further notice has refocused the spotlight on fraught ties between the major Gulf Arab oil producer and Iran.
