European Gas Futures Edge Higher as LNG Shipments Slow Down

European natural gas futures rose from a 20-month low as traders weighed the impact of slowing LNG flows on the region’s supply balance.

Imports of liquefied natural gas to key ports in northwest Europe and Italy have edged lower so far in December compared to last month. While mild weather lowered heating demand, Europe still needs to attract steady fuel flows, which has been keeping prices in a relatively narrow range this week.