1 / 2000Read later0Read MoreCommodities: European Gas Tops EUR100 As Supply Fears GrowAll Articles on Seeking Alpha·about 10 hours ago#Uc1i9jWG#seekingalpha#prices#higher#natural#rallied+3 more🧰Tag tools✨Add tagReading 0:0015s thresholdBookmarkHomeMarket OutlookCommodities SummaryEuropean natural gas prices rallied further yesterday, with TTF settling 4.85% higher.Forecasts show colder-than-usual weather in Northwest Europe from next week, pushing heating demand higher.Given the move in natural gas prices, investment funds increased their net long in TTF by 14.3TWh over the last reporting week to 207.4TWh. NiseriN/iStock via Getty Images By Warren Patterson, Head of Commodities Strategy European natural gas prices rallied further yesterday, with TTF settling 4.85% higher. Prices broke above EUR100/MWh for the first time since 2022. The market has moved higher, with little sign of imminent relief
HomeMarket OutlookCommodities SummaryEuropean natural gas prices rallied further yesterday, with TTF settling 4.85% higher.Forecasts show colder-than-usual weather in Northwest Europe from next week, pushing heating demand higher.Given the move in natural gas prices, investment funds increased their net long in TTF by 14.3TWh over the last reporting week to 207.4TWh. NiseriN/iStock via Getty Images By Warren Patterson, Head of Commodities Strategy European natural gas prices rallied further yesterday, with TTF settling 4.85% higher. Prices broke above EUR100/MWh for the first time since 2022. The market has moved higher, with little sign of imminent relief
