Dutch TTF

European gas hits four-year high as storage stalls

Europe's benchmark natural gas price climbed above 97 euros per megawatt-hour in early trading on Monday, October 26, its highest level since late 2022. Colder weather forecasts, low storage, Norwegian outages and disrupted Middle East shipments are all pushing prices…

European gas hits highest since 2022 on Gulf LNG fears

Europe's benchmark gas price rose again on Friday, October 23, and reached its highest level since December 2022. Middle East LNG cargoes are still mostly missing from the market, and the region's storage sites hold less gas than usual as…

European gas hits highest since 2022 as storage lags

European natural gas prices have reached their highest level in almost four years. Buyers are bracing for a heating season with thin reserves and little liquefied natural gas (LNG) from the Persian Gulf. Front-month futures on the Dutch TTF hub,…

Qatar extends LNG force majeure into fall amid Hormuz closure

QatarEnergy has extended force majeure notices on liquefied natural gas supplies to European and Asian buyers by another month, with shipment cancellations now stretching into the fall as the Strait of Hormuz remains virtually closed to commercial traffic, Bloomberg reported…

European gas prices spike as eclipse threatens grid

Sustained heatwaves across Europe have driven natural gas prices close to the peaks reached during the early stages of the Iran conflict, with Wednesday's solar eclipse expected to add further strain to an already stretched power grid.