Europe’s natural gas prices increase as temperatures fall – The National
- Date: 09-Dec-2022
- Source: The National
- Sector:Financial Markets
- Country:Qatar
Europe’s natural gas prices increase as temperatures fall – The National
European natural gas prices are rising as temperatures fall in the region, which is currently in the middle of an energy crisis.
Dutch TTF gas futures, the benchmark European contract, was trading at €149.25 ($157) a megawatt hour on Wednesday, up 10 per cent compared with a week ago.
With exports of Russian natural gas severely curtailed, the continent has been scrambling for alternative fuel sources.