European natural gas prices rallied for a fifth day on Tuesday in the longest stretch of gains since September, pushed higher by global supply outages and strength in other commodities. 

The April Title Transfer Facility (TTF) contract gained another penny to finish at $9.18/MMBtu on Tuesday, its highest settlement since last month. Strong storage inventories, lackluster demand and mild weather have held global natural gas prices down for most of the year. 

But ongoing outages at Freeport LNG in the United States and offshore Norway, along with a brief cold spell in recent days and Ukrainian attacks on Russian refineries that have pushed oil near four-month highs, have reversed that trend. TTF has gained 16% over the last week.

Freeport restarted its third liquefaction train...