European gas prices drop to lowest since June ...News

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European gas prices drop to lowest since June
November futures on the Dutch TTF hub declined on mild weather forecasts and nearly full storages Spot prices for natural gas in Europe plunged to a four-month low on Tuesday, data from the London Intercontinental Exchange shows. November futures on the TTF hub in the Netherlands fell as much as 7% to $1,202 per 1,000 cubic meters, or €118 per megawatt-hour in household terms, in early trading, the lowest intraday since June 15. Analysts say that natural gas prices continued October’s downward trend amid positive reports about the EU’s storage levels, which reached above 92% last week. Tuesday marked the fifth con

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