EUROPE GAS - Prices fall on mild temperatures and energy attack pause

The Dutch and British gas price fell on Wednesday morning, as the mild temperatures reduced gas demand. Meanwhile, the U.S. made deals with Russia and Ukraine to stop attacks against energy targets and at sea. LSEG data shows that the Dutch front-month contract fell by 0.15 euros to 40.97 euros per Megawatt Hour (MWh), or $12.96/mmBtu at 0917 GMT. The Dutch May contract is down 0.75 euros at 40.95 Euro/MWh. On ICE, the British day-ahead contract fell by 0.80 pence to 99p/therm.
Prices of EUROPE Gas are down due to milder weather.

The wholesale gas prices in the Netherlands and Britain were lower on Thursday morning. This was after a recovery in the previous session. According to LSEG, the Dutch front-month contract fell by 0.53 euros at 43.19 Euros per Megawatt Hour (MWh) as of 0947 GMT. The May contract also dropped by 0.49 Euros to 43.18 Euros/MWh. The day-ahead contract in Britain was 2.50 pence more expensive at 104.00 cents per therm.
The Dutch prices of gas are rising on the back of cooler temperatures forecasts

Dutch wholesale gas prices increased on Tuesday morning, as cooler temperatures and a lower renewable energy output forecasts boosted demand. According to LSEG, the benchmark front-month contract for the Dutch TTF Hub was up 0.45 euros at 46.75 Euros per Megawatt Hour (MWh), which is $14.35 /mmBtu by 0906 GMT. The Dutch April contract increased by 1.06 euros to 46.81 Euro/MWh. In a daily note, LSEG analyst…
EUROPE GAS - Prices trade within a narrow band amid cold weather and storage concerns
The Dutch and British wholesale prices of gas traded in a narrow band on Wednesday morning. They remained near their 15-month peak seen earlier this week amid a cold weather forecast and concern over the storage build. According to LSEG, the benchmark front-month contract for the Dutch TTF Hub was almost flat at 52.30 Euros per megawatt-hour (15.93/mmBtu) by 0949 GMT. The contract reached a high intra-day of 54.61 euro/MWh Monday.
Prices for Europe GAS fall due to mixed temperatures and strong renewable output

The wholesale gas prices in the Netherlands and Britain fell on Tuesday, reversing a 15-month peak reached the previous session due to mixed weather forecasts and a higher renewable production. According to LSEG, the benchmark front-month contract for the Dutch TTF Hub was down by 1.18 euros at 52.57 Euro per Megawatt-Hour (MWh) or $15.91/mmBtu at 1235 GMT. On Monday, the contract reached its highest intra-day level of 54.61 euro/MWh. This is its highest level since November 2023.
EUROPE GAS Prices fall on profit-taking and mixed temperatures outlook

Dutch and British wholesale prices of gas fell on Tuesday morning due to profit-taking. Prices had reached a new 15-month-high on Monday, amid mixed weather forecasts for this week. According to LSEG, the benchmark front-month contract for the Dutch TTF Hub was lower by 0.65 euros at 53.10 Euro per Megawatt-hour (MWh) or $16.10/mmBtu at 0925 GMT. On Monday, the contract reached its highest intra-day level of 54.61 euro/MWh. This is its highest level since November 2023.
Six US LNG cargoes diverted to Europe by LNG traders
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Prices rise on increased demand for electricity and uncertainty about Russian flows
Dutch and British wholesale prices for gas rose on Friday, as a result of a surge in demand from power plants and a decrease in wind speed. There is also uncertainty over Russian gas supplies to Europe due to the imminent end of the Ukraine transit agreement. The benchmark contract for the Dutch TTF hub rose by 0.30 euros to 43.58 euro per megawatt-hour (MWh), which is $13.68/mmBtu by 0955 GMT. Meanwhile, the contract for the next day was up 0.75 euros at 43.40 euro/MWh.
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Document shows that the EU Commission has set a 50% storage target by February 2025.
The European Commission announced on Friday that Europe had set a target to have its gas storage 50% full by February 1, 2025. This is to ensure supply security amid cold weather forecasts and fears of Russian gas disruption. It is important to ensure that the gas supplies of the EU do not fall too low during the winter months, and that the supply remains stable in light of the end expected for Russian gas to Europe via Ukraine's transit route.
Prices for gas in Europe are not much different despite the cold weather forecast
Analysts said that the Dutch and British wholesale prices of gas were not much different on Thursday, but could rise due to forecasts for colder weather conditions and reduced wind speeds. By 0922 GMT, the benchmark front-month contract for the Dutch TTF hub had fallen by 0.10 euros to 46.41 Euro per megawatt hour or MWh (or $14.60/mmbtu). The Dutch day-ahead contract fell 0.20 euros, to 46.40 Euros/MWh. The day-ahead contract in Britain fell 1.15 pence, to 115.27 pence per therm.
EUROPE GAS prices hit an all-time high amid cold weather and supply concerns
Dutch and British wholesale prices for gas hit an intraday record on Thursday, amid concerns about the Russian storage and supply inventories falling below last year's levels and a forecast of cold weather. LSEG data show that the benchmark front-month contract for the Dutch TTF hub had risen 0.86 euros to 47.67 euros a megawatt hour at 1012 GMT. This was a new intraday high. The British day-ahead contract increased 2.15 pence…
Prices of EUROPE Gas are lower as Middle East Risk Premiums recede
Dutch and British wholesale prices of gas fell on Monday, as the market reduced its Middle East premium following Israel's weekend retaliation attack against Iran and forecasts for milder weather. LSEG data shows that the benchmark front-month gas contract at Dutch TTF hub dropped by 1.25 Euros to 42.25 Euros per megawatt hour by 0915 GMT. The front-month contract in the British market fell 2.75 pence, to 107.25 p/therm. And the day-ahead was down by 1.75 pence.
EUROPE GAS-Prices trade at narrow range amid mild weather forecast and low demand

Dutch and British wholesale price rose slightly, but were contained to a small range on Monday morning due to lower demand. LSEG data shows that the benchmark front-month contract for the Dutch TTF hub increased by 0.87 euros to 40.22 Euro per megawatt hour at 0934 GMT. The contract for December was 0.25 euros higher, at 40.00 Euro/MWh. The day-ahead contract in the British market was up 2.25 cents at 98.50 pennies per therm.
The price of gasoline in Europe is rising due to concerns about Middle East tensions
Dutch and British wholesale prices of gas edged up on Monday morning due to concerns about the Middle East conflict escalation. Israel is increasing its attacks on Lebanon and Yemen. However, strong storage inventories limited further upside potential. LSEG data show that the benchmark front-month contract for the Dutch TTF Hub was up 0.77 euros at 38.88 Euros per Megawatt Hour (MWh), which is $12.68 mmBtu by 0823 GMT. The contract for November was up by 0.50 euros, at 39.15 Euro/MWh.
Palm oil gains for the third consecutive session and logs a weekly gain
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