TTF Gas Hits $92.95 as Gulf Tensions Weigh on Energy Markets
12 Articles
12 Articles
It reached 81 euros per megawatt-hour - Low reserves, the crisis in the Middle East and the competition for LNG increase fears of a difficult winter
TTF Gas Hits $92.95 as Gulf Tensions Weigh on Energy Markets
Europe’s benchmark natural gas prices held above the 80-euro mark early on Wednesday, staying close to 2022 highs, as low gas volumes in storage sites fuel concerns about winter supplies amid continued disruption and widening conflict in the Middle East. The front-month price at the Dutch Title Transfer Facility (TTF), the benchmark for Europe’s gas trading, rose by 0.3% to $$92.95 (80.545 euros) per megawatt-hour (MWh) as of 9:15 a.m. in Amster…
Natural Gas: Near 2022 highs on storage and Middle East concerns – At €81 per MWh
Natural gas prices in Europe remain close to their highest levels in recent years, as markets seek to replenish depleted inventories ahead of the start of the winter season, while the crisis in the Middle East continues to create uncertainty by sofokleous10..gr
There is a risk that the price of natural gas in Europe will approach 100 euros per megawatt-hour this winter with a 20% rally from current levels.
Natural gas prices in Europe remain high as markets attempt to build up reserves ahead of winter, while the
Crypto Briefing
Cryptocurrency News | Cryptocurrency Prices | Market CapEuropean natural gas remains near highest levels since 2022 as storage deficit deepens
European TTF gas futures hit €84/MWh as EU storage drops to 68%, the lowest since 2013, driven by Hormuz disruptions and Norwegian supply cuts.
Coverage Details
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
