European Gas Prices Hit Lowest Point Since May 2024 ...Middle East

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European Gas Prices Hit Lowest Point Since May 2024
source : OILPRICE ( Middle East ) () 49
European benchmark natural gas prices slipped below the key threshold of 30 euros per megawatt-hour (MWh) on Monday, for the first time in a year and a half, amid strong LNG flows, milder temperatures, and negotiations about the end of the war in Ukraine.   Dutch TTF Natural Gas Futures, the benchmark for Europe’s gas trading, fell by 1.3% at $34.36 (29.795 euros) per megawatt-hour (MWh) at 9 a.m. in Amsterdam on Monday. That’s the first time the benchmark futures prices have slipped below 30 euros per MWh since May 2024. …

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