- May 5th, 2023
Gas: Strong LNG supply, storage levels continue to weigh on prices
The European benchmark gas price lifted from a fresh 21-month low on Friday morning but remains weighed down by healthy supplies of liquefied natural gas, well-filled storage sites and moderate weather. The Dutch TTF front-month contract on the Intercontinental exchange (ICE) was up by 0.18 euros at 35.83 euros per megawatt hour (MWh) by 0929 GMT.