European Natural Gas Prices Seesaw as Cold Snap Arrives

European natural gas prices were having a nervous trading session early on Tuesday as traders weighed higher heating demand amid colder weather with still nearly full EU inventories. The front-month Dutch TTF Natural Gas Futures, the benchmark for Europe’s gas trading, were down by 1.7% to $49.30 (45 euros) per megawatt-hour (MWh) as of 12:54 p.m. in Amsterdam. Prices had gained nearly 2% on Monday as weather forecasts for Europe pointed to a cold snap this week with temperatures well below the average for this time of year. Most of Europe…