European Natural Gas Prices Rise on Middle East Escalation
9 Articles
9 Articles
Europe is entering winter with historically low gas stocks and cannot afford further supply disruptions, warns Fatih Birol, director general of the International Energy Agency. The US-Israeli war against Iran is disrupting global supply chains and whatever happens now, the consequences will be felt for months to come. This year and the next will not be easy for Europe, he predicts.
Fear of further collapse in oil flow due to tense situation between Iran and the United States and Israel and attacks by Yemen's Houthis on Saudi Arabia triggers prices
The gas price race that is approaching 92 euros per megawattora continues. The lens is always on the conflict in the Middle East and on the situation of the Strait of Hormuz. In Amsterdam Ttf contracts rise by 1.9 percent. (ANSA). (ANSA)
European Natural Gas Prices Rise on Middle East Escalation
Europe’s benchmark natural gas prices rose on Thursday to nearly 90 euros per megawatt-hour, or the equivalent of $29.50 per million British thermal units (MMBtu), as the escalation in the Middle East raised concerns about European winter gas supply amid historically low inventories at the start of the heating season. The front-month price at the Dutch Title Transfer Facility (TTF), the benchmark for Europe’s gas trading, had jumped by 2.7% a…
The escalation of the military situation in the Middle East has pushed up oil and natural gas prices. Brent crude oil rose to nearly $115 a barrel on Friday, and European gas benchmark TTF futures rose above 92 euros per megawatt-hour, the highest level in nearly four years.
In collaboration with the daily newspaper L'Adige we receive and publish the link of the following news. Opinione thanks the publisher for the multimedia partnership. //// The price of the gas continues the race and points the 92 euros, slow remains on Hormuz. In Amsterdam the contracts Ttf go up of 1.9% Link to the news
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