Gas prices in Europe mixed on supply, higher demand expectations

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LONDON, Sept 12 — Dutch wholesale gas prices fell this morning on comfortable supply and storage levels while prompt British prices rose in expectation of higher demand over the...

LONDON, Sept 12 — Dutch wholesale gas prices fell this morning on comfortable supply and storage levels while prompt British prices rose in expectation of higher demand over the weekend.

Liquefied natural gas supply is steady and storage levels are at nearly 84 per cent full in Europe, providing some downward pressure, traders said. “In the meantime, relatively comfortable gas systems could continue to weigh on market sentiment with prices trading close to last week’s lows at the opening this morning,” they added.

 

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