European Gas Prices Fall for Fourth Week as Energy Crisis Abates
- Mild temperatures are likely to persist across the region
- German regulator is ‘very optimistic’ as shortage is unlikely
Mild temperatures are likely to continue next week.
Photographer: Jeremy Suyker/BloombergThis article is for subscribers only.
European natural gas prices posted a fourth consecutive weekly loss with mild weather helping to ease the region’s energy crisis.
Benchmark Dutch front-month futures settled 4% lower at €69.53 per megawatt-hour, posting an 8.9% weekly drop. The UK equivalent also declined.