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Gas Up for Third Day
European natural gas prices continued to rise for a third straight day, with the Dutch TTF contract up 2% at €88.42 per megawatt-hour and the British NBP contract gaining 1.7% to 219 pence per therm. Traders are weighing concerns about winter supply shortages against geopolitical developments, while immediate heating demand remains the main driver of prices. By contrast, Brent crude fell 1.58% to $91.29 a barrel, weighed down by ample supply, increased OPEC+ production and U.S. inventories.
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