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TTF Rises to 2-Week High

NATURAL GAS

TTF front month has risen to the highest level since 25 September to €44.5/MWh, supported by a suspected leak in the undersea Baltic pipeline between Finland and Estonia after a drop in pressure, rising oil prices due to Middle East tensions and the restart of industrial action at Australian LNG facilities next week.

  • TTF NOV 23 up 16.4% at 44.5€/MWh
  • TTF Q1 24 up 9.5% at 49.44€/MWh
  • TTF SUM 24 up 8.9% at 48€/MWh

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