Europe Gas Prices Signal Lingering Worry on Next Winter’s Supply
- Muted demand, warmer weather put lid on near-term contracts
- December futures have gained about 9% over the past two weeks
Power generation from renewables is set to gain momentum.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
Europe’s natural gas market is showing signs of lingering concern over next winter’s fuel supplies, even as immediate frictions ease.
While near-term contracts have fluctuated as the weather turns warmer, December futures — the most expensive contracts for the rest of the year — have gained about 9% over the past two weeks.