Prices of gas in Europe remain stable as the market searches for new inputs
The Dutch and British wholesale prices of gas were volatile on Friday due to a lack fundamental news and a sufficient supply. According to LSEG, the benchmark Dutch front-month contracted eased 0.20 euros to 33.45 euro per megawatt hour. The June contract rose 0.30 euro to 33.63 euro/MWh at 0859 GMT.
Ukraine's Naftogaz signs a contract with Orlen for 100 mcm gas
Ukraine's Naftogaz signed a contract on Thursday for another 100 million cubic meters (mcm), bringing its total purchase volume from Orlen to 300 mcm. After Russian missiles damaged the production facilities to the east of Ukraine, Ukraine was forced…
Prices for gas in Europe are mixed due to economic concerns and storage requirements
The Dutch and British wholesale gas price were mixed on Tuesday, as economic concerns and forecasts for milder weather continued to exert pressure. However, Europe's need to replenish storage also provided support. LSEG data shows that the benchmark…
Naftogaz, the Ukrainian gas company, says it wants to buy 2 billion cubic meters of gas for 1 billion Euros
Naftogaz, Ukraine's state-owned oil and gas company, is in negotiations with the government and international financing institutions to raise one billion euros for the purchase of over two billion cubic meters gas for the heating season 2025/26.
Prices of EUROPE GAS rise amid economic turmoil
Dutch and British gas rates rose Monday morning, in line with the equities market, after some tariff exemptions were granted for Chinese products supplying tech companies. Milder, windier conditions should also allow for increased gas storage filling.
EUROPE GAS-Prices remain volatile amid tariff, gas storage target uncertainty
The Dutch and British gas price are not clear on Friday, but they remain close to recent multi-month-lows. This is because the market continues grappling with the effects of the U.S. trade war induced by tariffs on the global economic situation…
After US tariff pause, prices of gas in Europe rebounded
The prices of Dutch and British gasoline rebounded Thursday, after U.S. president Donald Trump announced a 90-day suspension on tariffs on many trading partners. LSEG data shows that the benchmark Dutch front-month contract increased by 1.5 euros…
The annual earnings of energy trader Danske Commodities have fallen by 48%
Danish energy trader Danske Commodities announced a 48% decline in profits for the year 2024, mainly due to volatility in gas prices. This was partly caused by EU regulations to fill storage 90 percent before winter and the stoppage of Russian transit gas via Ukraine.
As U.S. Tariffs take effect, the prices of gas in Europe will fall in line with those on other markets.
The Dutch and British gas price fell on Wednesday in line with the wider sell-offs of equity and commodities markets, as U.S. "reciprocal" tariffs took effect, which has raised fears about a recession. LSEG data shows that the benchmark Dutch front-month contract fell by 1.07 euros…
Sources say that EU countries are seeking extra flexibility in their gas storage targets
EU diplomats have revealed that the EU is considering rules which would allow countries to deviate from the requirement of 90% gas filling before winter by ten percentage points. In 2022, the EU introduced its gas storage regulations to provide…
EUROPE GAS - Prices range as the market weighs tariff impact
The Dutch and British gas price rose slightly on Tuesday and are expected move in the same direction as the market evaluates the impact of U.S. energy tariffs amid concerns that slow global growth may impact demand. LSEG data shows that the benchmark Dutch front-month contract increased by 0.71 euros…
EUROPE GAS-Global trade fears fuel market volatility
Dutch and British gas rates recovered some of their earlier losses, after increasing on Monday. However, they then fell back down again as fears about a global war leading to a weaker demand for energy fuelled volatility. LSEG data shows that the benchmark Dutch front-month contract fell 0.55 euros…
The price of gas in Europe is rising due to forecasts for cooler temperatures and Norwegian maintenance
Dutch and British gas rates rose on Tuesday, as forecasts called for cooler temperatures over the weekend. They also cited maintenance scheduled at certain Norwegian infrastructure this week. LSEG data shows that the Dutch front-month contract increased…
Prices for EUROPE GAS remain stable as the storage needs continue to support them
Dutch and British wholesale prices for gas were slightly higher on Monday morning, but are expected to be more volatile this week due to the milder weather being offset by the necessity to replenish storages as peace in Ukraine is still elusive.
Prices for EUROPE GAS remain stable despite the latest Sudzha gas stations attack
The Dutch and British wholesale prices of gas were mostly unchanged on Friday, as the recent attacks on a Russian supply point were offset by an improved outlook for supply-demand as winter comes to an end. LSEG data shows that the Dutch front-month…
EUROPE GAS - Prices stable but weather and low storage could support.
The Dutch and British wholesale prices of gas were mostly stable on Friday morning, despite the mild weather. However, a forecast for a cooler climate next week as well as the need to replenish storages in the coming months will continue to support the price.
Draft shows EU members are seeking flexibility in the 90% rule for gas storage.
A document reviewed by revealed that the European Union is discussing a proposal which would allow it to diverge from its target of filling natural gas storage up to 90% before winter if market conditions made this prohibitively costly. This month…
Prices of gas in Europe rise following agreement on energy ceasefire
Dutch and British wholesale prices of gas rose on Wednesday, bouncing back from the previous day, after Russian President Vladimir Putin agreed to temporarily halt attacks on energy infrastructure but did not agree to a complete ceasefire. According to LSEG…
Prices of gas in Europe drop ahead of Trump-Putin call
Dutch and British wholesale prices for gas eased Tuesday morning, as the market awaited news of a possible peace agreement between Russia and Ukraine. However, low storage levels are still a concern while weather forecasts remain mixed. LSEG data…
Document reveals EU countries' draft plan to relax gas storage targets
A document seen by revealed that European Union nations are considering making the bloc’s binding gas storage targets more flexible. They do this because they fear the rules could lead to an increase in gas prices. Germany, France, and the Netherlands…
