Natural Gas Climbs More than 5% for January 2023 Maximum . . Economic Journal

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The price of the active natural gas contract on the Netherlands TFF market, a benchmark in Europe, is currently rising by more than 5% to more than EUR 84 per megawatt hour (MWh) and has been renewing maximums since January 2023.

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The markets have entered, at least temporarily, into a territory worse than what the European Central Bank defined only a few weeks ago as an adverse scenario.

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The TTF gas rises by 5.37% to 84.43 euros and marks maximum since January 2023 due to the tension in the Middle East. The entry Why the price of natural gas today shoots 5% and touches maximums since January 2023 aparece primero en Merca2.

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This rise occurs after the gas has finished last Friday at low, after five consecutive sessions to be valued.

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Up happens after the gas has finished last Friday at low, after five consecutive sessions to be valued

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The price of the active natural gas contract on the Netherlands TFF market, a benchmark in Europe, is currently rising by more than 5% to more than EUR 84 per megawatt hour (MWh) and has been renewing maximums since January 2023.