tradingkey.logo
tradingkey.logo
Search

European gas prices hit two-year high on tightening storage – ING

FXStreetFeb 10, 2025 10:24 AM
facebooktwitterlinkedin
View all comments0

European natural gas prices rose to a two-year high amid colder temperatures and tightnening storage facilities, ING's commodity experts Ewa Manthey and Warren Patterson note. 

Gas stockpiles are already at their lowest

"Prices rose more 4% this morning, hitting the highest level seen since February 2023. Stockpiles are already at their lowest for this time of year since the energy crisis in 2022. Inventories are only 49% full compared with 67% at the same time last year."

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

0/500
Commenting Guidelines
Loading...

Recommended Articles

KeyAI