Global natural gas prices remained strong Tuesday as benchmarks in Europe and the United States bounced back amid a colder forecast and supply shortages that are seen keeping the market tight. 

Dutch and British futures finished the day slightly higher, with the front-month contracts both settling above $30/MMBtu. In the United States, the prompt Henry Hub contract moved higher on a cold shift in the weather forecast. The prompt month gained 17 cents to finish at $4.96/MMBtu after being weighed down on Monday by the prospect of a coronavirus resurgence.

European prices rose for most of last week, lifted by a decision from German regulators to delay certifying the Nord Stream 2 (NS2) pipeline, seen as key to getting more Russian supplies to gas-starved Europe. Russia also elected...