Natural Gas Prices Continue Plunge As Europe Fills Up Ahead Of Schedule

Natural Gas Prices Continue Plunge As Europe Fills Up Ahead Of Schedule

OilPrice.com

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Europe’s natural gas prices have continued their sharp pullback across UK and European benchmarks as the continent has filled up its gas storage ahead of schedule.  Benchmark Dutch front-month futures fell 6.7% on Monday while the UK Natural Gas Futures benchmark crashed 15.2 per cent to £2.43 per therm--a level well below all-time highs posted only a month ago. Gas prices have now eased 50% from record highs last month, thanks to Europe managing to successfully top off supplies ahead of winter while Russia has not meaningfully…

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