Natural gas prices in the US remained stable after EIA data showed an in -line storage accumulation with expectations, while European prices fell as interruptions softened in the Norwegian supply. Despite the previous support of the cuts, the improved flows of the United Kingdom weigh on the TTF, indicate the raw material analysts of ING, Warren Patterson and Ewa Manthey.
European gas falls as Norwegian flows recover
“Natural gas prices in the US saw little change yesterday, with the storage data of the EIA showing that the storage of gas in the US 4.9% below comparison. “
“After an initial rally, the prices of European natural gas were pressed towards the end of the day, with the TTF closing 1.15% lower. Unclandered interruptions in Nyhamna and Kollsnes processing plants in Norway provided support for European prices at the beginning of the week. The data of the United Kingdom network shows that these flows are improving.”
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
