1/31, 10:14 AM (Source: TeleTrader)
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F GAS-1.56%

Chart for: F GAS 4/23

Gas prices in Europe jump 8% on higher demand prospects

Gas prices for future contracts in Europe rose on Tuesday with colder temperatures looming over the region in the coming weeks, which seemingly drove the demand for commodity higher.

For deliveries in March, UK natural gas futures jumped 8.68% to go for 150.000 pence per therm at 9:58 am CET. The Dutch TTF natural gas futures dropped 6.56%, selling at €58.74 per megawatt hour.

Baha Breaking News (BBN) / AB