European Natural Gas Prices Jump in Relief Rally ...Middle East

OILPRICE - Economy
European Natural Gas Prices Jump in Relief Rally
source : OILPRICE ( Middle East ) () 49
European benchmark natural gas prices jumped by 8% on Thursday morning after the 90-day pause in U.S. tariffs on all but China eased concerns that recessions would hit industrial and natural gas demand in Europe. Dutch TTF Natural Gas Futures, the benchmark for Europe’s gas trading, opened Thursday’s trade in Amsterdam with an 8% surge. Some of the gains were pared by noon, but prices were still rising by 4%, as markets around the world staged major relief rallies after U.S. President Donald Trump stepped back – for now –…

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