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Gas prices fall amid increased supply

Gas

02 Dec 2022 12:10

02 Dec 2022 12:10

(Montel) European gas contracts fell on Friday in spite of colder weather as the market saw some signs of increased pipeline supply.

The day-ahead contract on the Dutch TTF hub last traded down EUR 17.38 at EUR 135.52/MWh at one broker – having hit a two-month high of EUR 152.90/MWh on Thursday – while the front month lost EUR 2.16 at EUR 137.10/MWh on Ice Endex.

On the UK’s NBP hub the spot contract was last seen down 13.50p at 315p/th, while the front month declined 7.20p at…

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