European Natural Gas Prices Drop To The Lowest Level Since 2021 ...Middle East

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European Natural Gas Prices Drop To The Lowest Level Since 2021
source : OILPRICE ( Middle East ) () 48
Benchmark natural gas prices in Europe continued to fall on Wednesday, extending several weeks of losses amid weak demand in the spring and higher-than-normal inventories after the end of the winter. The front-month futures at the TTF hub, the benchmark for Europe’s gas trading, fell by 1.5% to $30.84 (28.68 euros) per megawatt-hour (MWh) as of 10.33 a.m. GMT on Wednesday.    That’s the lowest price since November 2021, when the energy crisis in Europe started ahead of the 2021/2022 winter season, with the crisis reaching…

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