European Gas prices rise on colder weather – ING
European Gas prices moved higher as colder weather and forecasts for continued low temperatures boosted demand and accelerated storage withdrawals.

European Gas prices moved higher as colder weather and forecasts for continued low temperatures boosted demand and accelerated storage withdrawals. With EU Gas storage down to 58% and investment funds reducing net short positions for a third straight week, downside pressure on TTF has eased, ING's commodity experts Ewa Manthey and Warren Patterson note.

EU Gas storage falls well below seasonal average

"European Gas prices strengthened yesterday, with TTF settling more than 2.5% higher on the day. Colder weather across parts of Europe and forecasts for colder-than-usual conditions in the coming days is providing support to the market. The current cold snap has led to a recent acceleration in storage declines."

"EU Gas storage is now 58% full vs a 5-year average of 72%. The latest positioning data indicate that investment funds reduced their net short position in TTF for the third consecutive week. Funds bought 6.2TWh over the last reporting week, leaving them with a net short of 72.4TWh."

FXStreet
Trade The World
Lebih dari satu juta pengguna mengandalkan FXStreet untuk data pasar real-time, alat charting, wawasan ahli, dan berita forex. Kalender ekonomi komprehensif dan webinar edukatif membantu trader tetap mendapat informasi dan membuat keputusan terukur. FXStreet memiliki sekitar 60 profesional yang tersebar antara kantor pusat Barcelona dan berbagai wilayah global.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
XBRUSD
1 D change
+0%
0
XTIUSD
1 D change
+0%
0
XPTUSD
1 D change
+0%
0

ALL ABOUT ENERGIES

Jelajahi Lebih Banyak Tools
Akademi Trading
Jelajahi berbagai artikel edukasi yang mencakup strategi trading, wawasan pasar, dan dasar-dasar keuangan, semua dalam satu tempat.
Pelajari Lebih Lanjut
Kursus
Jelajahi kursus trading terstruktur yang dirancang untuk mendukung pertumbuhan Anda di setiap tahap perjalanan trading Anda.
Pelajari Lebih Lanjut
Webinar
Ikuti webinar langsung dan on-demand untuk mendapatkan wawasan pasar real-time dan strategi trading dari para ahli industri.
Pelajari Lebih Lanjut