European Natural Gas Prices Fall More than 15% as Warm Winter and Strong Supply Ease Energy Pressure

Published: Jan 17, 2023 13:13

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SHANGHAI, Jan 17 - Natural gas prices in Europe have extended their slide, even falling back to levels seen six months before the Russia-Ukraine conflict broke out, as supply prospects have been boosted. During European trading hours on Monday (January 16), the Intercontinental Exchange Dutch TTF natural gas futures price once stood at 54.92 euros per million British thermal units, the lowest level since September 2021. The price was down more than 15% in a single day.

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