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TTF Climbs on Weather Forecast and Norway Supply Reduction

NATURAL GAS

Near term TTF pushing higher with the forecast of cool weather in Europe, lower wind generation from the weekend and Norwegian field maintenance outages.

  • Front month TTF has recovered from a low of 40.8€/MWh seen on Friday but remains below the high around 44.4€/MWh from last week.
    • TTF MAY 23 up 4.4% at 42.96€/MWh
    • TTF WIN 23 up 1.8% at 56.97€/MWh
    • TTF SUM 24 up 1.3% at 54.93€/MWh
    • TTF WIN 24 up 1% at 57.05€/MWh
    • TTF SUM 25 up 0.5% at 44.9€/MWh

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