News

From the Editor: European gas prices once more rising [Gas in Transition]

Natural Gas World - Latest News · last updated

From the Editor: European gas prices once more rising [Gas in Transition]

-
Natural Gas News
From the Editor: European gas prices once more rising [Gas in Transition]

Summary

A rebound in gas prices in Europe in June highlights how volatile the market remains, despite eased fears over the past half a year. [Gas in Transition, Volume 3, Issue 6] by: NGW

European natural gas prices rebounded in the first three weeks of June by around 50%, after six months of fairly steady decline, in a clear sign that the market remains highly volatile. The front-month TTF price peaked at €41.15/MWh ($522/’000 m3) on June 15 – its highest point in nearly two months. This compares with a low of just above €23/MWh it reached at the start of June. As of June 19, the contract was trading at just under ...

Posted in:

Natural Gas & LNG News, Europe, Insights, Premium, Editorial, Gas In Transition Articles, Vol 3, Issue 6