TTF

Intercontinental Exchange Inc. (ICE) reported new records in trading activity at European and Asian natural gas hubs as the global export market heats up. Dutch Title Transfer Facility (TTF) futures achieved record open interest of about 1.94 million contracts on May 26, representing a 21% increase year/year, according to ICE. The benchmark earlier in May…

Global natural gas prices moved higher Tuesday, recovering losses late last week as a warmer shift in forecasts was seen lifting demand in places like the United States and Asia.  In Europe, where colder spring weather has been driving abnormal heating demand for this time of year, temperatures are heating up. Natural gas prices on…

European and Asian natural gas prices are recovering from last week’s losses as supply concerns and strong buying have spurred gains so far this week.  In Europe on Tuesday near-curve prices closed higher for both the Title Transfer Facility and National Balancing Point contracts through August.   Russian gas giant Gazprom PJSC reportedly did not take…

Intercontinental Exchange Inc. (ICE) said its Title Transfer Facility (TTF) futures contract, a leading European natural gas benchmark that’s become increasingly tied to global trade of the fuel, reached an all-time open interest record of 1.93 million contracts earlier this month.  Open interest for TTF, or the number of outstanding derivative contracts that serves as…

Asian and European natural gas prices on Tuesday soared to multi-month highs, continuing a run of strength as demand remained unseasonably high. Tuesday’s gains came after the prompt Title Transfer Facility benchmark finished Monday at $8.973/MMBtu and the prompt National Balancing Point broke through the $9.00 barrier to hit $9.05 after a stretch of continued…

European and Asian natural gas prices continued moving higher last week and again finished strong on Monday as the regions competed for supplies.  Lingering cold in Europe, along with a drop in pipeline imports and a rise in the Japan-Korea Marker (JKM) contract, are supporting prices on the continent, where storage inventories remain about 25%…

A rally in Asian and European natural gas prices lost steam last week, but fundamentals remain unchanged as the coming months are still expected to be tight.  European futures closed higher on Tuesday, recovering some of last week’s losses as the near-term curve was lifted by lingering cold, weak Russian pipeline imports and ongoing strength…

It’s shaping up to be a drastically different summer for U.S. liquefied natural gas (LNG) exporters as the global market has unexpectedly tightened and demand has spiked in a reversal of fortunes from last year when trade slumped to historic lows.  “Things changed a lot,” said Rystad Energy’s Carlos Torres Diaz, head of gas and…

Natural gas prices in Europe and Asia are moving higher as the market has continued to tighten in a trend that’s setting the stage for a  bullish summer for liquefied natural gas (LNG) exports.  Both the prompt Title Transfer Facility (TTF) and National Balancing Point contracts jumped above $7/MMBtu last week, while Japan-Korea Marker (JKM)…