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TTF Prices Ease on Warmer Weather Forecast

NATURAL GAS

TTF prices are coming off with European temperatures forecast to rise within the next few days, leaving the cold snap behind.

  • Temperatures are seen hovering near the 30-year norm over the next month.
  • Near record levels of LNG imports have helped Europe weather its first cold snap without Russian gas.
  • European gas stocks have dipped to 87%, showing how fallible they are to even a short-term cold weather snap.
  • TTF JAN 23 down -3.5% at 132.74€/MWh

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