24 Hrs
Source:
المصري اليوم
_1777352244987_250242181.png&w=64&q=75){kind=small}
Europe sees gas prices rise while US drops
European natural gas prices have risen to approximately 88.39 euros per megawatt/hour, with expectations that it could surpass 100 euros if supply disruptions persist and heating demand increases. Meanwhile, futures contracts for natural gas in the U.S. market declined by 1.9% to $3.058 per million British thermal units. Europe faces challenges in securing its gas needs before winter, as storage levels have dropped to 74.47% of capacity due to Gulf supply disruptions and competition for shipments. Gas prices in the coming months will depend on the severity of winter, the recovery of gas flows from the Gulf, and increasing American exports, with European prices potentially rising if demand remains high and the weather stays cold.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)