European Natural Gas Prices Jump in Relief Rally

European benchmark natural gas prices jumped by 8% on Thursday morning after the 90-day pause in U.S. tariffs on all but China eased concerns that recessions would hit industrial and natural gas demand in Europe. Dutch TTF Natural Gas Futures, the benchmark for Europe’s gas trading, opened Thursday’s trade in Amsterdam with an 8% surge. Some of the gains were pared by noon, but prices were still rising by 4%, as markets around the world staged major relief rallies after U.S. President Donald Trump stepped back – for now –…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com