99GOLD.NET · Market brief · Economy & rates

Europe’s Gas Prices Close to 2022 High as Hormuz LNG Flows Remain Limited

Original date: Published here:
Europe’s Gas Prices Close to 2022 High as Hormuz LNG Flows Remain Limited | Gold market brief illustration

Europe’s benchmark natural gas prices remain close to their highest levels since the end of 2022 as the lack of LNG supply from Qatar compounds the EU problem of filling depleted storage sites ahead of the winter. The front-month price at the Dutch Title Transfer Facility (TTF), the benchmark for Europe’s gas trading, fell by 1% as of 9 a.m. Amsterdam time on Thursday, amid a slide in crude oil futures. But at $96.56 (86.03 euros) per megawatt-hour (MWh), the price is now at its highest levels since December 2022, when Europe faced…

Share this brief

On a phone, LINE opens the app with the headline and link. Desktop LINE and Facebook previews use this page’s image: a photo only when the host serves it as an image, otherwise the site quote card. Not a shop board price.

LINEFacebook

About this brief

Where does this market brief come from?

This brief summarizes or translates an external media report or institutional release. The original link is shown on the page. It is separate from analysis written by this site.

Can I trade gold on this?

No. Briefs and quotes on this site are reference information only, not investment or trading advice.

Related gold price knowledge

This article lines up with London gold vs COMEX, What is COMEX gold?, and Reading today’s gold: BOT vs COMEX. Figures are for reference only — not a shop or bank board price.

Read original ↗

Information and analysis are not personal investment advice.

← Market news