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TTF Edges Lower

NATGAS

Front month TTF has reversed earlier gains to edge lower on the day amid slightly milder weather offsetting slightly curtailed Norwegian pipeline flows.

    • TTF MAY 24 down 0.5% at 27.78€/MWh
    • TTF Q3 24 down 0.7% at 28.47€/MWh
    • TTF WIN 24 down 0.1% at 33.17€/MWh
  • The latest two-weather forecast for NW Europe suggested slightly milder weather at the beginning of the forecast period. Temperatures are forecast to slightly drop below the seasonal normal mid-April before rising back up.
  • Norwegian natural gas supplies to Europe are at 330.3mcm/d with curtailments at Asgard.

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