Trader12
2022-09-08

#GAS #EU

TTF natural gas futures, the European benchmark, are trading at around 200 euros per megawatt hour!

The rapid decline in prices is taking place against the background of efforts by European governments to contain prices, including gas price restrictions and suspension of derivatives trading (well, they finally heard me!!!! 😩 ).

In addition, the latest data showed that natural gas storage was filling up faster than expected on the eve of the winter peak demand season (I also did reports on this in Solodin LIVE).

Question: How long will the relief last? Gazprom stopped pumping and it's not a fact that it will resume, and winter is already rolling right up ...πŸ‘‡

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
36
3