empty
 
 

24.04.202612:09:45UTC+00TTF Prices Fall on Friday, Up More than 13% This Week

European natural gas futures retreated toward €44 per MWh on Friday, erasing earlier gains and snapping a four-day rally, after reports signaled a likely second round of US-Iran talks. Iranian Deputy Foreign Minister Abbas Araghchi was reported to be traveling to Islamabad, fueling hopes of progress in efforts to ease tensions with the United States. Sources familiar with the matter indicated a strong possibility of a breakthrough in negotiations among the countries involved in the dispute.

Since the conflict began in late February, LNG exports from the Persian Gulf have effectively ground to a halt, disrupting around one-fifth of global supply. The disruption has raised serious concerns in Europe, which must rebuild gas inventories ahead of the winter heating season. Despite Friday’s pullback, European natural gas prices remain more than 13% higher for the week.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback