Europe’s Natural Gas Prices Drop as Supply Concerns Ease ...Middle East

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Europe’s Natural Gas Prices Drop as Supply Concerns Ease
source : OILPRICE ( Middle East ) () 143
Europe’s benchmark natural gas prices fell on Wednesday for a second consecutive day amid milder weather and increasing LNG supply as Chinese demand weakens. Dutch TTF Natural Gas Futures, the benchmark for Europe’s gas trading, fell by 1.5% at $44.19 (40.92 euros) per megawatt-hour (MWh) as of 9:18 a.m. in Amsterdam on Wednesday. The front-month futures price slid for a second straight day, following a 3% slump on Tuesday after news broke that Ukraine and Russia had agreed to a partial ceasefire in the Black Sea. The ceasefire, however,…

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