EUROPE GAS: Cold spell pushes Dutch benchmark contract up by one month
Dutch and British gas rates rose on Monday, the European benchmark contract reaching a one-month high after the holidays, due to strong demand due to the cold weather. LSEG data shows that the benchmark Dutch front-month contract for?the?? hub at a price of 28.38 euros per Megawatt Hour (MWh) or $9.80/mmBtu was up by 0.28 euros as of 0857 GMT.
EUROPE GAS - European prices rise on cold weather forecasts
The Dutch and British gas contract prices rose a little on Wednesday morning amid thin trading before a long Christmas holiday. Forecasts of a cold snap are expected to increase demand. LSEG data showed that the benchmark Dutch front-month contract was 28.20 euros per megawatt hour or $9.75/mmBtu at 1021 GMT. This is an increase of 0.42 euros.
EUROPE GAS - European prices drop on less cold weather forecast
The Dutch and British gas contract fell on Tuesday, as some weather forecasts indicated a potential?quicker ending to a winter cold spell? and that the supply remains stable. LSEG data shows that the benchmark Dutch front-month contracts at?the TTF hub were down 0.41 euros at 27.36 Euro per megawatt hour or $9.47/mmBtu by 1005 GMT.
Prices of EUROPE Gases ease due to ample supply and cold weather forecast
Dutch and British wholesale prices of gas fell on Monday morning, due to the 'ample supply' from Norway and liquefied natural gas. Prices moved within a narrow band in a thinly traded market ahead of the public holiday Christmas later in the week. LSEG data shows that the benchmark Dutch front-month contract was lower by 0.25 euros…
The price of gas in Europe is rising due to a decline in wind power production
Dutch and British wholesale prices for gas edged up on Friday as forecasts of lower wind output boosted demand for 'gas from power plants. But solid supply capped the gains. LSEG data shows that the benchmark Dutch front-month contract was up 0.70 Euros at 28.05 euros per Megawatt Hour (MWh) or 9.63/mmBtu at 0918 GMT.
EUROPE GAS-European Gas Prices Rise on Colder Weather Demand
Dutch and British gas rates posted modest gains on Thursday, but it is expected that they will remain flat as the 'increased demand due to colder weather' can be easily met through pipelines and liquefied natural gas deliveries. LSEG data shows that the benchmark Dutch front-month…
EUROPE GAS-European gas prices rise due to a colder and less windy climate, LNG shortage
Gas prices in the Netherlands and Britain rose on Wednesday, supported by an improved weather forecast and an interruption at the Freeport Liquefied Natural Gas?plant. Storages are still 'below previous years' levels. LSEG data shows that the benchmark Dutch front-month contract…
Prices for gas in Europe are little changed, as the cooler weather increases demand
Dutch and British gas traded in a narrow band on Monday morning after rising the previous two sessions. Cooler weather supported higher gas demand, and a sharp fall in wind speeds boosted gas demand for electricity generation. But stable supply limited gains. Data compiled by…
EUROPE GAS-European gas prices increase in the afternoon on cooler weather forecast
The Dutch and British gas price rose on Friday after-noon on the expectation of higher demand. Data compiled by LSEG revealed that the benchmark Dutch front-month contract at the TTF Hub was up 0.73 'euro 'at 27,65 euros per megawatt (MWh), which is $9.51/mmBtu by 1627 GMT. The Dutch day-ahead contracts was up 0.58 Euro at 27.58 EUR/MWh.
EUROPE GAS - European prices are flat, but cooler temperatures support them
The Dutch and British gas price were not much different on Friday. This was due to the expectation of increased demand as the recent warmer temperatures are expected to be replaced by more normal seasonal temperatures. Data compiled by LSEG revealed that the benchmark Dutch front-month contracts?at the TTF hub?
EUROPE GAS-European prices extend decline as milder weather softens demand
The benchmark contract for Dutch and British gas fell a further 19 months on Wednesday afternoon as the?updated temperature?forecasts indicated milder weather. LSEG data showed that the benchmark Dutch front-month contract was at its lowest intraday rate since April 2024, at 26.76 euros/MWh, or $9.12/mmBtu.
Kyiv reports that Russia has hit the gas transport system of Ukraine's Odesa Region.
A senior Ukrainian official reported on Wednesday that Russian drones had 'hit the gas transport system' in Ukraine’s southern Odesa Region. This area contains several pipelines bringing U.S. Liquefied Natural Gas to Ukraine from Greece. Mykola Kolysnyk, the deputy minister of energy, refused to say what had happened.
EUROPE GAS - European prices trade in narrow range due to strong supply and demand pickup
Dutch and British gas prices rose on Wednesday morning, but remained confined to a small range. This was due to the strong supply of liquefied?gases (LNG), which offset an increase in demand due to a cooler weather forecast. LSEG data shows that the benchmark Dutch front-month…
EUROPE GAS-European Prices Rise on Slightly Stronger Demand Outlook
Dutch and British gas rates firmed up on Tuesday. Forecasts suggest a slightly higher demand, although both pipeline?and liquefied (LNG?) supply remain robust. LSEG data revealed that the benchmark Dutch front-month MWh contract at TTF hub had increased by 0.16?euros to 27.33 euros (MWh) or $9.33/mmBtu as of 0913 GMT.
EUROPE GAS - European prices drop on warmer and windier weather
The Dutch and British gas price continued to drop on Friday as the forecast of warmer and windier weather for next week reduced demand and tightened up the spread between United States gas delivery and Dutch prices. LSEG data shows that the benchmark Dutch front-month contract was lower by 0.32 euros, or $9.26/mmBtu at 1025 GMT.
EUROPE GAS - European prices drop as milder and windier weather returns
The Dutch and British gas price fell on Thursday morning, as the forecast for warmer weather and increased wind next week reduced demand. LSEG data shows that the benchmark Dutch front-month contract was lower by 0.55 euros, or $9.44/mmBtu at 0947 GMT. The Dutch day-ahead contracts was down by 0.38 euros to 27.85 Euros/MWh.
EUROPE GAS - European benchmark gas hits new intraday low of 18 months on milder outlook
As the milder weather has lowered demand for heating, and as markets await any progress in U.S. led Russia-Ukraine talks, the European benchmark contract reached its lowest intraday price in over 18 months on Sunday morning. LSEG data shows that the benchmark Dutch front-month contract was at its lowest intraday price since May 15…
Prices for gas in Europe are on the rise due to low storage levels
The Dutch and British wholesale prices of gas rose slightly on Friday morning after falling to a 18-month low Thursday, as weaker storage levels supported the price increase. LSEG data shows that the benchmark Dutch front-month contract was up 0.33 euros at 29.35 Euro per megawatt hour or $9.96/mmBtu at 0929 GMT.
EUROPE GAS - European prices stable in a new lower range
The Dutch and British contracts for gas were slightly weaker Thursday, but they remained at 18-month lows, hit earlier in the week, due to milder weather and abundant supply, as well as hopes of a Ukraine Peace Deal. However, some winter risks still remain. LSEG data shows that…
The price of gas contracts in Europe remains at a 18-month low due to peace talks, mild temperatures and abundant LNG
Dutch and British gas futures traded slightly lower on Wednesday. They were near their lowest levels in 18 months, due to the prospects of warmer weather for early December, the ongoing efforts to end Ukraine's war, and the abundance of liquefied gas. Analysts said that the further…