Europe’s natural gas futures point to structurally higher prices for the rest of the year, as Europe will soon have to start filling inventories for the 2023/2024 winter. The TTF price, Europe’s benchmark, slipped on Monday to the lowest level since September 2021, and Europe looks confident that there will not be gas shortages this winter. However, the race to ensure supply for next winter hasn’t even started in earnest yet. Prices are set to hold higher than before the Russian invasion of Ukraine through the summer as…
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