European natural gas prices see slight increase in early trade

Investing.com — The benchmark Dutch TTF contract for European natural-gas saw a minor rise of 0.2% in early trade, with prices settling at 46.36 euros per megawatt-hour. This rise comes after prices had fallen from their peak earlier in January.

The fall in prices was due to a combination of factors, including milder weather forecasts and less uncertainty surrounding the supply of liquefied natural gas (LNG) to Europe.

The decrease in prices was also influenced by the loss of some Russian gas volumes following the end of a transit deal with Ukraine and the reduction in gas inventories.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

This post is originally published on INVESTING.

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