European Gas rally pauses amid Norwegian outages – ING
Source Fxstreet
The rally in European natural gas took a breather yesterday, with the Title Transfer Facility (TTF) settling 0.66% lower on the day, ING's commodity experts Ewa Manthey and Warren Patterson note.
TTF slips as storage builds, JKM spread narrows
"Some weakness in the JKM-TTF spread is dragging TTF lower. Meanwhile, outages in Norway have led to lower gas flows to Europe over the last week. The Troll field had power-related issues following maintenance last week; the outage might persist until this weekend."
"EU gas storage continues to tick higher, standing at just under 47% full, down from 69% at the same stage last year and below the 5-year average of 58% full."
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Cardano price started a fresh decline below the $0.80 zone. ADA is now consolidating and might aim for a recovery above $0.780. ADA price started a fresh decline below $0.80 and $0.780. The price is
Gold price seems vulnerable below $3,300 amid tariffs news, stronger USDGold price (XAU/USD) touched a one-and-a-half week low, around the $3,246-3,245 area during the Asian session on Thursday in reaction to the news that a federal court blocked US President Donald Trump's trade tariffs from going into effect.
Gold price (XAU/USD) touched a one-and-a-half week low, around the $3,246-3,245 area during the Asian session on Thursday in reaction to the news that a federal court blocked US President Donald Trump's trade tariffs from going into effect.
An analyst has pointed out that Shiba Inu is currently trading within a triangle pattern, which could set up a 17% move for the memecoin. 4-Hour Price Of Shiba Inu Has Been Consolidating Inside A
Ethereum price found support at $2,550 and started a fresh increase. ETH is now up over 5% and might attempt to clear the $2,800 resistance. Ethereum started a decent increase above the $2,550 and
Bitcoin is currently changing hands just above $108,000, consolidating after Tuesday’s fresh all-time high. Charles Edwards, founder of the digital-asset hedge fund Capriole Investments, believes
