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TTF Edges Higher On Hot Temperatures Outlook

NATURAL GAS

TTF front month has recovered earlier losses as forecasts suggest hot temperatures to return to northwest Europe in July, spurring demand for cooling.

  • TTF AUG 23 up 0.4% at 35.48€/MWh
  • Prices recovered from an intra-day low of ay low of €33.855/MWh.
  • Thermometers are expected to rise to above-average levels in the UK, Germany and parts of France throughout July, according to meteorologists surveyed by Bloomberg.

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