Home » Gas TTF collapses to € 100 / MWh, more than two thirds below the all-time highs of 2 months ago

Gas TTF collapses to € 100 / MWh, more than two thirds below the all-time highs of 2 months ago

by admin

New step back of the TTF gas, which today dropped to 100 € / Mwh, at its lowest since June. Today the futures on the European natural gas benchmark fell 12%, bringing the balance to -70% compared to the all-time highs reached in August. The unit that emerged among EU leaders to contain the energy crisis, combined with abundant stocks and above average temperatures, favored the further decline in prices. Warmer-than-usual temperatures are expected to persist across the continent through the end of the month, delaying the heating season and allowing storage sites to continue to fill.

See also  Work, Calderone: "I don't believe in the minimum wage by law"

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy