Europe Eyes Flexible Storage Goals After Cold Snap Squeeze ...Middle East

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Europe Eyes Flexible Storage Goals After Cold Snap Squeeze
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Europe’s natural gas prices have declined in recent weeks after hitting a two-year high in February, easing concerns about the price Europe will have to pay this summer to prepare for the next winter. Dutch TTF Natural Gas Futures, the benchmark for Europe’s gas trading, hit a two-year high in the middle of February amid the first proper winter with prolonged periods of cold snaps since the 2022 energy crisis. Prices have retreated since mid-February as the heating season and winter are coming to an end, and solar and wind…

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