EUROPE GAS-Dutch prices fall tracking U.S. futures
Dutch wholesale gas prices fell on Wednesday morning, as U.S. Natural Gas Futures fell. Demand and supply forecasts in north-west Europe were stable. LSEG data revealed that the benchmark European gas contract - the front-month Dutch contract on TTF hub - was?down 1.67 euros to 37.95 euros for a megawatt hour (MWh), which is $11.03/mmBtu, at 0908 GMT. The contract for March fell by 1,54 euros, to 36.26 Euro/MWh. Prices continued to decline after Tuesday's partial recovery of feedgas for the Sabine Pass terminal (LNG). This was after the drop in U.S. Natural Gas Futures. The United States has been the largest LNG supplier to Europe.
Benchmark European Gas Prices Follow Lower US Market
The Dutch and British wholesale prices of gas fell on Tuesday, reversing gains made earlier and following the declines in the United States. Prices fell about 13% after production began to recover from the recent winter storm. The freezing weather in the United States had put a strain on energy infrastructure, and more than 548 000 homes and businesses were left without power. The storm would be the most expensive severe weather event since wildfires that ravaged the Los Angeles region early last year. The benchmark European contract, the front month?Dutch at the TTF Hub…
Prices for gas in Europe go up after US winter storm restricts LNG exports
The Dutch and British wholesale prices of gas rose slightly Tuesday morning, as the freezing weather in America continued to?curb liquefied gas exports. A winter storm in the U.S. has left more than 548, 000 homes and businesses without power. The storm is set to be the most expensive severe weather event since wildfires that ravaged the Los Angeles area in early 2025. LSEG data shows that the benchmark European gas contract (the front-month Dutch contract) at the TTF Hub reached its highest level in April of last year on Sunday, but fell below it on Tuesday morning, at 39.85 Euros per megawatt hour or $13.87/mmBtu by 1010 a.m. GMT.
Prices of EUROPE Gas are slightly higher as US cold continues a curb on LNG
The wholesale gas prices in the Netherlands and Britain rose slightly Tuesday morning, as freezing temperatures in the United States continue to limit liquefied natural gas exports. By 0931 GMT the benchmark Dutch front-month contract was 0.60 euros higher, or $14.02/mmBtu at the TTF Hub. On Monday, the price of oil reached its highest level since April of last year. The British day-ahead contract rose 3.70 pence, to 105 pence a therm. Meanwhile, the front-month contract increased by 0.22 pence, to 103.60 cents therm. The U.S. Gas Market could continue to be of concern, as the supply disruptions affect LNG exports. U.S.
EUROPE GAS - Prices trade down but geopolitical and storage concerns remain
The Dutch and British wholesale gas price were not much different on Wednesday morning, but the market will likely remain choppy due to geopolitical tensions and low storage levels. LSEG data shows that the benchmark Dutch front-month contract for the TTF hub fell by 0.30 euros to 34.80 Euro per megawatt hour at 0841 GMT. The price of the?day-ahead contracts increased by 0.15 euros to 36.00 Euro/MWh. The front-month contract for gas in?Britain was 0.67 pence higher at 92.07 cents per therm. The price of LNG has fluctuated a lot this week due to low storage levels and weakened flows. Prices fell on Monday, but then rose on Tuesday.
Prices of gas in Europe soar due to cold weather and storage concerns
The Dutch and British wholesale contracts for gas rose by over 8% on Friday as the colder weather forecasts have caused traders to close short positions. The benchmark Dutch front month contract at the TTF Hub was up 2.69 euro at 36.50 Euros per Megawatt Hour (MWh), which is $12.43/mmBtu by 1401 GMT. The contract gained nearly 30% in this week, the highest since last June 24. The Dutch March price rose by?2.57 Euros to 35.30 Euros/MWh. The British price for February rose 8.00 pence per therm to 95.50 pence. Arne Lohmann, Chief Analyst at Global Risk Management…
Gas prices in Europe reach 10-week high amid Iran tensions
Early trade on Europe's benchmark contract for gas reached a 10-week-high, continuing the bullish trend from?the last session amid forecasts of increased demand, short covering and geopolitical tensions regarding Iran. According to LSEG, the benchmark Dutch front-month 'contract' at the TTF hub increased by 0.80 euros to 31.27 Euro per Megawatt Hour (MWh) as of 0905 GMT. Earlier trades reached a contract price of 32.23 Euros, its highest since November 4, last year. The March contract was up 0.88 euros at 30.43 euro/MWh. The British gas day-ahead price rose 4.20 pence to 84.00 pence a therm.
EUROPE GAS - European benchmark hits 7-week-high on low storage, cold and geopolitics
The benchmark European gas contract reached a seven-week high due to colder weather forecasts and low storage levels, as well as increased geopolitical risk for LNG shipments. LSEG data revealed that the benchmark 'Dutch front month contract' at TTF hub had risen?0.93 euros to 29.35 euro per megawatt-hour (MWh) or $10.05/mmBtu by 0902 GMT. According to data, it briefly reached 29,69 euros/MWh - its highest level since 25 November. The Dutch day-ahead contracts was up 0.60 euro to 29.60 euros/MWh. The British gas day-ahead price increased by 3.65 pence to 77.00?pence per thermo. The recent cold weather has also led to a greater volume of storages being drained, they said.
The price of gas in Europe is rising due to the forecasted lower temperatures for the weekend
LONDON, 7 January - Dutch wholesale gas prices and British wholesale gasoline prices rose Wednesday morning due to colder weather forecasts for the weekend and next weeks. LSEG data shows that the benchmark Dutch front-month 'contract at TTF hub increased?0.78 euro to 28.80 euros per Megawatt Hour (MWh) at 0901 GMT. The Dutch contract for the month of March increased by 0.74 Euros to 28.51 Euros/MWh. The British gas day-ahead price has increased by 2.08 pence, to?77.80 per therm. According to LSEG, temperatures will rise in the north-west Europe region and Britain over the next few days but then fall again at the weekend and over next week.
EUROPE GAS - European prices are easing due to profit-taking and milder weather.
Gas prices fell in Europe and Britain on Monday after reaching a month-high in the previous session. Traders took some profits and forecasts for less windy and cold weather eased demand. LSEG data shows that the benchmark Dutch front-month contract for the TTF hub fell by 1.23 euros to 27.60 Euro per megawatt hour or $9.45/mmBtu at 0916 GMT. The contract was closed on Friday at the highest level since November 27. The Dutch day-ahead contracts was down 1,22 euros to 28.20 Euros/MWh. The British gas price for the day ahead was 0.65 pence lower at 77.75 cents per therm. Analysts at Engie EnergyScan stated that Dutch prices were falling primarily due to profit-taking.
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. According to LSEG, the wind generation in North-West Europe will be 60% higher on Monday than it is today. This will reduce the demand for gas at power plants.
In the latest auction, Germany's SEFE was unable to allocate space for gas storage at Rehden.
The German gas company SEFE announced on Tuesday that it was unable to allocate any of its offered natural gas storage spaces at its northern German Rehden facilities for the 2025/2026 period during its latest auction. SEFE offered 3 terawatt-hours (TWh), the largest gas storage site in Germany, as its capacity. It said this was the last chance to secure enough volumes to reach a target of 45% by November. Germany is the largest natural gas consumer in Europe. The German gas storage targets were reduced earlier this year. The goal for cavern storages is 80% by November 1; the target for most porous storages (which are reservoirs of porous rock) is 45%.
Prices for EUROPE GAS rise due to higher demand and lower LNG exports
Dutch and British wholesale gas rates rose slightly Monday morning due to higher demand and lower LNG terminal send-out. LSEG data shows that the benchmark Dutch front-month contract for the TTF hub increased by 0.27 euros, to 32.35 Euro per megawatt hour at 0827 GMT. The contract for November was up by 0.28 euros at 33.18 euro/MWh. The British contract for delivery in October rose by 1,01 pence, to 79.51 cents per therm. The demand for gas in North-West Europe is expected to increase slightly as a result of lower temperatures and a weaker wind. The UK is also expected to see a rise in gas demand as the wind speed will be lower than normal for the rest of the week.
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. Yuriy Onieshkiv, LSEG analyst, says that the demand for gas by power plants will drop from 1.577 GWh to 266 GWh per day as of tomorrow.
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. Karsten Sander-Nielsen, Senior Market Analyst at Mind Energy…
Gas prices in Europe remain stable ahead of US-Ukraine Meeting
Dutch and British wholesale prices for gas were mostly unchanged on Monday morning, after talks in Alaska failed to achieve a ceasefire on Friday and before a meeting today in Washington between leaders of the United States, Ukraine, and Europe. U.S. president Donald Trump said that on Saturday, Ukraine should reach a deal with Russia to end the conflict and that he was in agreement with Putin that peace should be sought with no prior ceasefire as demanded by Ukraine and its European Allies. The focus now will be on Trump’s meeting with Ukraine’s President Volodymyr Zelenskiy and European Leaders in Washington amid fears that the U.S.
Exxon to return to Sakhalin-1 after Russia's decree
The Russian President Vladimir Putin signed on Friday a decree which could allow foreign investors to recover shares in the Sakhalin-1 project, including Exxon Mobil. The decree was signed on the same day that Donald Trump and Russian President Vladimir Putin met in Alaska. At the summit, opportunities for business collaboration and investment will be discussed alongside discussions to bring peace to Ukraine. The decree published on Friday was a follow up to the one Putin signed in 2022 which ordered the seizure the Sakhalin-1 Project. Exxon held a 30% operator stake in this lucrative project and is the sole non-Russian investor who has sold its stake.
EUROPE GAS - Prices soar ahead of Trump-Putin Summit
The Dutch and British wholesale prices of gas were in a tight range on Friday as the market awaited today's meeting between U.S. president Donald Trump and Russian President Vladimir Putin. LSEG data shows that the benchmark Dutch front-month contract for the TTF hub at 0857 GMT was 1,61 euros higher, at 33.71 Euro per megawatt hour. The Dutch contract for the day ahead was down by 0.35 euros at 31.30 euro/MWh. In comparison, the British contract was down by 0.17 pences at 78.00 penny per therm. Donald Trump and Vladimir Putin are scheduled to meet in Alaska this Friday. The U.S.
Prices of EUROPE GAS trade at a sideways level as the market waits for clarity on sanctions
The wholesale gas prices in the Netherlands and Britain were not much different on Friday morning, as the market awaited news about whether the U.S. would impose new sanctions against Russia. LSEG data shows that the benchmark Dutch front-month contract was 32.92 euros per Megawatt Hour (MWh), or $11.20/mmBtu at 0728 GMT. This is a decrease of 0.11 Euro. The Dutch October contract is down 0.36 euros at 33.24 Euro/MWh. The British front-month contract for gas was down 0.29 pence, at 81.11 p/therm. However, the British day-ahead price was up 0.25 p/therm. "Sentiment is tense on the geopolitical scene." "Today marks the deadline by which Russia must respond to the U.S.
Prices for gas in Europe are lower due to a reduced demand and stockbuild
The wholesale gas prices in both the Netherlands and Britain fell on Thursday morning, amid a stable supply and low power demand. Gas storage was also continuing. LSEG data shows that the benchmark Dutch front-month contract was 32.97 euros per Megawatt Hour (MWh), or $11.35/mmBtu at 0841 GMT. This is a decrease of 0.23 Euro. Earlier trades saw the contract as low as 32.82 Euros/MWh - a level that was last seen on 28th July. The Dutch October contract is down 0.47 euros at 33.53 Euro/MWh. The British gas front-month price fell by 0.25 pence to 81.65 pence a therm.