TTF

LONDON (ICIS) –The ICIS TTF October ’22 contract rose to $66.03/MMBtu on 14 September, up almost 11% day on day.

Proposals by the European Commission (EC) to tame soaring energy costs don’t alter the role natural gas plays on the continent and may do little to rein in the volatility that has ruled the market this year. The EC proposed revenue caps on some power producers, a windfall tax on the excess profits of fossil…

The extended closure of the Nord Stream 1 pipeline from Russia to Germany caused a major rise in TTF prices on Monday and a similar reaction for East Asian spot LNG prices.

Natural gas futures extended their recent losses in early trading Tuesday as analysts pointed to a number of bearish developments, including strong domestic production and fading weather-driven demand. The October Nymex contract was down 37.5 cents to $8.411/MMBtu at around 8:45 a.m. ET. The 47.6-cent sell-off back in Friday’s session saw the October contract break…

The ICIS TTF price scaled new heights last week before plummeting this week, setting the tone for erratic Asian spot price movements.

Natural gas futures were probing lower early Wednesday as volatile European energy markets continued to influence the domestic price outlook. The October Nymex contract was off 5.7 cents to $8.985/MMBtu as of around 8:45 a.m. ET. The front month is coming off a 29.4-cent sell-off in the previous session, and prices dipped as low as…

Gazprom PJSC has reduced gas deliveries to France due to a disagreement over contracts, Engie SA said Tuesday.

European natural gas prices tumbled by nearly 20% on Monday following a relentless rally last week that saw the Dutch Title Transfer Facility (TTF) shatter records and break through the $100/MMBtu barrier.   The September contract finished closer to $80 on Monday as storage stocks across the continent continued to climb and traders took profit ahead…

With anxiety mounting over another halt to the flow of Russian natural gas to Europe, Ukraine is continuing its push to fill the void for energy-starved countries as market volatility appears to be impacting their ability to import U.S. LNG. On Friday, Russia’s Gazprom PJSC disclosed its Nord Stream 1 (NS1) pipeline system would halt…