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Commodities

European Gas Prices Surge Amid LNG Supply Uncertainty

Guavy AI Editorial Team
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Natural Gas
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The European benchmark Dutch TTF natural gas price has risen above €70 per megawatt-hour, influenced by uncertainty surrounding liquefied natural gas (LNG) supplies from the Gulf region.

This upward pressure on market prices is providing bullish support for both spot and futures LNG prices. The rising cost of natural gas in Europe follows a trend seen previously as European benchmark Dutch TTF natural gas price rose above €100.

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