European Gas Prices Surge 30% On Australian Supply Fears ...Middle East

European natural gas prices have rocketed more than 30% on Wednesday, as traders panicked over the possibility of reduced LNG supply from Australia, a world leading supplier of the commodity. The European benchmark,TFF, jumped to as high as €42 per megawatt hour in Wednesday intraday trading, 35% higher than the previous day, and its highest point since mid-June. Commodity analysts have said that the sudden jump was likely due to some traders rushing to close their short positions on the news of tightening supplies. Europe has failed…

Hence then, the article about european gas prices surge 30 on australian supply fears was published today ( Wednesday 09/08/2023 - 09:45 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( European Gas Prices Surge 30% On Australian Supply Fears )

Also on site :

• Ascendion Appraised at CMMI® Maturity Level 5 Reflecting Discipline Behind AI in Production
• 6 ways to navigate a friendship wage gap
• Best Money Transfer App (2026): Western Union Named Leading Global Transfer App by Expert Consumers