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The European Union has agreed a ceiling on gas prices before the start of winter. Natural gas prices fell after the news broke, with European-benchmark Dutch TTF natural gas futures currently down nearly 6% to EUR 108/MWh, slightly lower than the same period last year. but still three times the average level of the previous five years. How will the EU natural gas price cap affect the natural gas market? Let’s listen to Shenwan Futures energy and chemical analyst Dong Chao’s relevant analysis and judgment.
Agreement reached on the maximum price of natural gas in the EU
The European Union has agreed a ceiling on gas prices before the start of winter. Natural gas prices fell after the news broke, with European-benchmark Dutch TTF natural gas futures currently down nearly 6% to EUR 108/MWh, slightly lower than the same period last year. but still three times the average level of the previous five years. How will the EU natural gas price cap affect the natural gas market? Let’s listen to Shenwan Futures energy and chemical analyst Dong Chao’s relevant analysis and judgment.
