After more than a week of consecutive declines, Europe’s benchmark natural gas prices rose on Tuesday amid lower orders for Russian gas supply transiting Ukraine. In morning trade in Amsterdam on Tuesday, the front-month gas futures price at the Dutch TTF hub, the benchmark gas price for Europe, was up by nearly 4 percent, while the front-month gas contract in the United Kingdom had risen by 3.
5 percent, per Bloomberg data. Prices were up as orders for Russian gas transit via Ukraine on Tuesday had dropped to 68 percent of the capacity…Europe’s Gas Prices Jump As Ukraine Transit Demand Drops
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