Gas prices in Europe are falling as wind energy output increases
The Dutch and British wholesale prices of gas fell early on Friday due to the strong output from wind turbines, which reduced demand and stable supply. LSEG data shows that the benchmark Dutch front-month contract was 32.05 euros per Megawatt Hour (MWh), or $10.99/mmBtu at 0825 GMT. This is a decrease of 0.33 Euro. The Dutch day-ahead contracts was down by 0.16 euros at 32.37 Euro/MWh. The British gas day-ahead price fell by 0.81 pence to 80.50 p/per thermo.
EUROPE GAS-European gas prices stable as supply of LNG offsets increased demand
The Dutch and British gas contract prices were not much different on Tuesday morning, after having fallen for four days in a row. This was due to a combination of an increase in demand during the less windy weather and cooler temperatures this week and a slight rise in imports. LSEG data shows that the benchmark Dutch front-month contract was up 0.06 euro at 31.41 Euro per megawatt hour at TTF hub, or $10.63/mmBtu by 8:26 GMT. The Dutch day-ahead contracts was up by 0.15 euros to 31.80 Euros/MWh.
EUROPE GAS - European prices are down on a milder outlook, but winter risks still remain
Dutch and British gas opened lower on Monday morning. The current cold snap is expected to last only a short time, but winter risks remain due to the reduced storage year-over-year and the reliance on LNG imports. LSEG data shows that the benchmark Dutch front-month contract was lower by 0.20 euros at 31.72 Euro per Megawatt Hour (MWh), which is $10.79/mmBtu at 0804 GMT. The Dutch day-ahead contracts was down by 0.65 euros at 31.98 Euro/MWh.
Prices of EUROPE Gas are down due to strong LNG supply and rising demand
The Dutch and British wholesale prices of gas fell on Friday morning, as a strong supply of liquefied gas offset an increase in heating demand. LSEG data shows that the benchmark Dutch front-month contract was lower by 0.44 euros at 31.95 Euro per megawatt hour or $10.84/mmBtu at 0915 GMT. The Dutch day-ahead contracts was down by 0.67 euros at 32.13 Euro/MWh. The British gas day-ahead price fell by 0.40 pence to 82.10 pence a therm.
EUROPE GAS - Prices edge lower due to strong LNG supply and high wind output
Dutch and British wholesale prices of gas fell on Thursday morning due to a strong supply, with several liquefied gas cargoes headed for Europe. Also, the strong wind output lowered gas demand at gas power plants. LSEG data shows that the benchmark Dutch front-month contract was 32.22 euros per Megawatt Hour (MWh), or $10.96/mmBtu at 0810 GMT. This is a decrease of 0.78 Euro. The Dutch day-ahead contracts was down by 0.38 euros at 32.15 Euro/MWh.
EUROPE GAS-European Gas Prices ease after Recent Gains
The British and Dutch gas price fell on Wednesday morning, after having risen more than 5% from the beginning of the week. This was due to the colder weather conditions and the attacks on Ukraine's gas infrastructure. Also, storage filling had slowed. LSEG data shows that the benchmark Dutch front-month contract was 32.94 euros per Megawatt Hour (MWh) or $11.21/mmBtu at 0918 GMT. This is a decrease of 0.48 Euro. The Dutch day-ahead contracts was down by 0.40 euros at 33.23 Euro/MWh.
The price of gas in Europe is rising amid a strong supply
The Dutch and British gas price continued to rise Tuesday morning in response to the strikes on Ukrainian gas pipelines, but gains were limited due to a healthy supply. LSEG data shows that the benchmark Dutch front-month contract was up 0.12 Euros at 33.29 Euros per megawatt hour at TTF hub, or $11.37/mmBtu by 0959 GMT. The Dutch November contract increased by 0.14 Euros to 33.47 euros/MWh. The British day-ahead contracts rose 0.85 pence, to 85.85 cents per therm.
EUROPE GAS - Prices rise after Ukraine attacks on gas infrastructure and colder forecasts
Dutch and British gas rates rose on Monday morning, as colder weather forecasts increased demand for heating. Worries over Russian attacks against Ukrainian gas production may also have contributed to the increase. LSEG data shows that the benchmark Dutch front-month contract was 32.70 euros per Megawatt Hour (MWh) or $11.19/mmBtu at 0935 GMT. This is an increase of 1.32 euros. The Dutch day-ahead contracts was up 1,74 euros to 32,74 euros/MWh.
EUROPE GAS-European Gas prices are soaring as rising Norwegian supply offsets colder weather
Dutch and British gas traded within a narrow range Monday morning as temperatures below normal were offset by an increase in Norwegian production. LSEG data shows that the benchmark Dutch front-month contract was 32.25 euros per Megawatt Hour (MWh) or $11.070/mmBtu at 0820 GMT. This is a decrease of 0.35 euros. The Dutch day-ahead contracts was down 0.05 euro at 32.10 Euros/MWh. The British gas front-month contract was down by 1.16 pence, at 80.45 p/therm.
EUROPE GAS-European Gas Prices Firm as Weather and LNG Strikes Offset Rising Norwegian Supply
The Dutch and British gas price rose slightly on Friday, but they remain within the recent range. This is because the end of maintenance season in Norway has increased supply while strikes in France have curtailed LNG deliveries. LSEG data shows that the benchmark Dutch front-month contract was 32.70 euros per Megawatt Hour (MWh) or $11.20/mmBtu at 0844 GMT. This is an increase of 0.30 euros. The Dutch day-ahead contracts was up by 0.23 euros to 32.53 Euros/MWh.
The price of gas in Europe remains volatile despite the increase in Norwegian production
The Dutch and British wholesale prices of gas moved slightly upwards on Thursday morning, as the temperatures are expected to drop in the next few days. Norwegian exports also increased following an unplanned maintenance. LSEG data shows that the benchmark Dutch front-month contract was up 0.42 to 32.42 euros/megawatt hour or $11.14/mmBtu at 0918 GMT. The British gas front-month price increased by 0.72 pence, to 80.85 cents per therm.
Gas prices in Europe are soaring as Norwegian production increases
Early on Wednesday, Dutch and British wholesale prices for gas moved within a small range as the market anticipated an increase in Norwegian production in order to meet the increased demand for heating. LSEG data shows that the benchmark Dutch front-month contract was 32.03 euros or $11.05 per megawatt hour at the TTF Hub at 0915 GMT. This is a decrease of 0.22 euros. The British gas front-month price fell by 0.52 pence, to 80.01 cents per therm.
EUROPE GAS - Prices stable as temperatures drop, wind power increases
The Dutch and British wholesale gas price remained unchanged on Tuesday morning, as a result of a steady demand for gas in the heating sector due to cooler temperatures. LSEG data shows that the benchmark Dutch front-month contract was 32.05 euros per Megawatt Hour (MWh), or $11.07/mmBtu at 0811 GMT. This is an increase of 0.13 Euro. The British gas front-month price increased by 0.38 pence to 79.68 pence a therm. The British day-ahead contracts was up 0.45p at 80p/therm.
EUROPE GAS - European prices flatten as market searches for impetus
Dutch and British gas rates traded sideways on Monday morning in the absence news that would have influenced either direction. However, cooler weather with less wind is expected to support prices. LSEG data shows that the benchmark Dutch front-month contract was 32.31 euros per Megawatt Hour (MWh) or $11.14/mmBtu at 0834 GMT. This is a 0.03 euro increase. The Dutch day-ahead contracts was up by 0.20 euro to 32.20 euros/MWh. The British gas front-month contract gained 0.18 pence, to 80.58 pence/therm.
EUROPE GAS-European Gas Prices Fall on Stable Supply and Low Demand
Dutch and British wholesale prices of gas ticked down on Monday morning due to a steady supply and mild weather with windy conditions that limited demand. However, fresh sanctions related to Russia remain a downside risk. LSEG data shows that the benchmark Dutch front-month contract was 32.19 euros per Megawatt Hour (MWh) or $11.07/mmBtu at 0843 GMT. This is a decrease of 0.46 Euro. The Dutch day-ahead contracts was down by 0.10 euros at 31.90 Euro/MWh.
Prices for EUROPE GAS are on the decline due to increased wind and LNG supplies
Dutch and British wholesale prices of gas fell on Friday morning, as a higher wind output is expected to begin Monday. Also, the supply of liquefied gas (LNG), was also increasing. LSEG data shows that the benchmark Dutch front-month contract for the TTF hub fell by 0.33 euros to 32.05 Euro per megawatt hour at 0815 GMT. The contract for November was lower by 0.23 euros at 32.94 euro/MWh. The British gas prices for the weekend were down 0.50 pennies at 78.50 penny per therm.
Prices of EUROPE GAS remain stable as the market waits for news about Russian sanctions
The Dutch and British wholesale prices of gas were unchanged on Thursday, despite a weakening demand. Market participants also waited for news about new European sanctions against Russia. LSEG data shows that the benchmark Dutch front-month contract was 33.06 euros per Megawatt Hour (MWh) or $11.43/mmBtu at 0829 GMT. This is a decrease of 0.15 euros. The British gas day-ahead price increased by 0.30 pence to 80.60 pence a therm.
The price of gas in Europe is stuck in a sideways trend due to the lack of a new impetus.
The Dutch and British gas price were not much different on Friday morning. They continued to trade within a narrow range, despite the lack of any news that could affect the market. There was also no change in the overall supply and demand balance. LSEG data shows that the benchmark Dutch front-month contract for the TTF hub fell 0.08 euros, or $11.11/mmBtu to 32.45 Euros per megawatt hour at 0855 GMT. The Dutch day-ahead contracts was up by 0.30 euros to 31.78 Euros/MWh.
Prices for Europe GAS are mixed due to stronger winds and lower Norwegian flows
The Dutch and British wholesale gas price were mixed Tuesday morning, due to higher wind production and lower Norwegian supply. LSEG data shows that the benchmark Dutch front-month contract for the TTF hub at 0831 GMT was up 0.59 euro at 32.25 Euro per megawatt hour. The contract for the day-ahead has dropped by 0.05 euros to 31.75 Euro/MWh. The British gas front-month contract price increased by 0.35 pence to 79.55 cents per therm. However, the day-ahead was down 0.25 cents at 79.00 cents per therm.
EUROPE GAS-Prices Firm on Technical Support, Lower Wind
Dutch and British wholesale prices of gas rose on Monday morning due to technical trading and lower renewable energy output. LSEG data revealed that the benchmark Dutch front-month contracts - now for October – at the TTF hub were up 0.34 Euros at 32.00 Euros per megawatt-hour (MWh) or $11.00/mmBtu by 0842 GMT. The contract for November increased by 0.66 euros to 33.08 euro/MWh. The British gas front-month price rose 0.37 pence, to 78.50 p/therm. The November contract increased by 1.35 p/therm.