European natural gas prices continued climbing higher on Tuesday, lifted partly by the largest U.S. gas producer’s decision to curb output significantly this quarter. 

The Title Transfer Facility (TTF) gained across the curve, with the prompt month adding another 4% to finish about a quarter shy of $9/MMBtu on Tuesday. EQT Corp.’s announcement on Monday to cut 1 Bcf/d of its U.S. gas production through the end of March helped support TTF’s momentum as it followed other commodity prices higher. 

The contract gained 7% last week and another 4% on Monday. Engie EnergyScan analysts said weaker renewables output, an increase in coal and U.S. gas prices, and profit taking have pushed TTF higher in recent days. 

In the United States, the April Henry Hub contract added another...