Europe’s benchmark natural gas prices had plunged by as much as 21% at opening in Amsterdam on Thursday after a workers’ union and the company operating Australia’s largest LNG export facility reached an agreement to avert a looming strike. After diving by 21% at open, the front-month futures at the Dutch TTF hub, the benchmark for Europe’s gas trading, recouped some of the losses but still traded 11% lower to $35.
45 (32.65 euros) per megawatt (MWh) as of 9:11 a.m. GMT on Thursday. The dip…Europe's Natural Gas Prices Drop As The Risk Of An Australian LNG Strike Abates
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