Traders eye bullish summer conditions as European gas markets heat up
As healthy storage and muted demand for natural gas exerted bearish pressure on European prices over the beginning of 2024, market participants believe that prices should remain above Eur25/MWh to support LNG imports, market participants said in discussing recent market dynamics. Despite a recent uptick in prices, sources believed that the trend for natural gas prices is weak but they… As healthy storage and muted demand for natural gas exerted bearish pressure on European prices over the beginning of 2024, market participants believe that prices should remain above Eur25/MWh to support LNG imports, market participants said in discussing recent market dynamics. Despite a recent uptick in prices, sources believed that the trend for natural gas prices is weak but they… Read More
