European Gas Prices Drop on Iran Deal Hopes after U.S. Midterms
The benchmark European natural gas prices fell by 2% in the early morning in Amsterdam on Thursday, extending Wednesday’s decline, after the resounding Democratic victory in the U.S. midterm elections raised hopes of a resolution to the Iran war and a return of LNG flows through the Strait of Hormuz. The front-month price at the Dutch Title Transfer Facility (TTF), the benchmark for Europe’s gas…
We haven't written up this one. OilPrice has the full story — the link below goes straight to it.
