European Natural Gas Prices Rise Amid Cold Snap and Supply Woes ...Middle East

Economy by : (OILPRICE) -
Europe’s benchmark natural gas prices rose early on Monday amid continued risks to supply from the Middle East and Ukraine and a colder snap ahead of the winter heating season. Dutch TTF Natural Gas Futures, the benchmark for Europe’s gas trading, were rising by 2.35% at $39.20 (35.25 euros) per megawatt-hour (MWh) at 11:34 a.m. in Amsterdam on Monday. Following a weekly decline of 3.4% last week, European gas prices were up on Monday as traders weighed the risks to supply from the conflicts in the Middle East and at the Ukraine-Russia…

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