Europe’s Natural Gas Prices Rise As Traders Weigh Winter Supply Risks
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Europe’s benchmark natural gas prices rose early on Wednesday as the market is beginning to focus on winter supply risks. The front-month Dutch TTF Natural Gas Futures, the benchmark for Europe’s gas trading, rose by nearly 3% at the start of trading in Amsterdam on Wednesday, while the UK wholesale gas price contract was up by 3.6%. Natural gas traders are already weighing the potential risks to European gas supply this winter, with weather the biggest unknown for traders, suppliers, and governments. Last week, traders…
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