EU Natural Gas Prices Climb As Cold Front Sparks Surge In Demand

EU Natural Gas Prices Climb As Cold Front Sparks Surge In Demand

OilPrice.com

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After an above-average autumn in Europe, winter weather has finally arrived.  Ahead of the cold blast, we said on November 22 that "Europe's First Major Cold Snap Of The Season Is Imminent." Then last week, we pointed out," 'Greenland Block' Could Pour Arctic Air Across EU In First Proper Test Of Power Grids."  The unseasonably cold weather has spread across northwest Europe and the UK and is forecasted to stay in place through the month's midpoint.  Dutch TTF natural gas futures, the benchmark European contract, jumped as much as…

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