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Europe’s Natural Gas Prices Have Fallen 25% This Month
Europe’s benchmark gas prices extended losses early on Wednesday, falling by 3% in early trading in Amsterdam for a 25% decline so far this month, as inventories are high and milder weather is expected to return. Shortly after trade opened in the morning in Amsterdam, the Dutch TTF fell by 3% at $61 (56.50 euros) per megawatt hour (MWh), for a third consecutive day of losses despite the current cold snap in northwestern Europe. Weather forecasts suggest that the temperatures will rise in the coming days in the largest gas-consuming nations in Europe. Milder temperatures are coming next week in northwest Europe ... (full story)
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- Posted: Jan 25, 2023 2:55pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 64
