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Updated · Bloomberg · Apr 14European Gas Prices Dip Amid Thin Asian Trading
2 articles · Updated · Bloomberg · Apr 14
- European natural gas prices declined in early Asian trading, with benchmark TTF futures falling as much as 0.7% to €45.30 per megawatt-hour.
- Trading volumes were notably thin, with just 235 lots exchanged across all contracts compared to last month's daily average of over 760,000.
- The drop follows a 4.5% gain on Monday, highlighting ongoing volatility and subdued activity during Asian market hours.
Will Europe’s green energy goals survive this “brutal” fossil fuel price shock? With gas storage at crisis levels, can Europe avoid a winter energy catastrophe? Did Europe's own energy policies create its current supply crisis? Is Europe trading its Russian gas dependency for a new vulnerability to US politics? Qatar's LNG is blocked. Who will win the global bidding war for gas?