Europe’s Gas Prices Jump As Ukraine Transit Demand Drops ...Middle East

OILPRICE - Economy

After more than a week of consecutive declines, Europe’s benchmark natural gas prices rose on Tuesday amid lower orders for Russian gas supply transiting Ukraine. In morning trade in Amsterdam on Tuesday, the front-month gas futures price at the Dutch TTF hub, the benchmark gas price for Europe, was up by nearly 4 percent, while the front-month gas contract in the United Kingdom had risen by 3.5 percent, per Bloomberg data. Prices were up as orders for Russian gas transit via Ukraine on Tuesday had dropped to 68 percent of the capacity…

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Last updated : 12 April 2022 clock 10:42 PM

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Europe’s Gas Prices Jump As Ukraine Transit Demand Drops ...Middle East

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