European Gas Price Remains Under Pressure
5 Articles
5 Articles
Gas prices remained elevated across all key markets in March, amid tight supply-demand fundamentals and low storage levels
Gas prices remained elevated across all key markets in March, amid tight supply-demand fundamentals and low storage levels. In Europe, TTF month-ahead prices stood 55% above their last year’s levels, averaging at just over $13/mmbtu. Demand remained strong, increasing by around 4%. Lower renewables power output continued to support higher gas-burn in the power sector, including in southern Europe amid low hydro availability. Meanwhile, piped gas…
Nat-Gas Prices Slump on Risk-Off Sentiment in Asset Markets
May Nymex natural gas (NGK25 ) on Monday closed down -0.182 (-4.74%). May nat-gas prices on Monday fell to a 7-week low and settled sharply lower. Trade war concerns hammered global equity markets on Monday and sparked risk-off sentiment in asset markets, undercutting nat-gas prices. Also, ramped-up US nat-gas output...
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage