empty

21.09.202614:12:49UTC+00European Natural Gas Prices Slump 7%

European natural gas prices dropped 7% to €74 per megawatt-hour, the lowest level in two weeks, after details of Germany’s latest gas storage tenders revealed lower procurement volumes than initially anticipated. Trading Hub Europe has launched several tenders to secure adequate gas supplies for the first quarter of 2027, amid concerns about storage levels heading into winter. At the same time, weather forecasts point to a late-summer heatwave next week, with temperatures across Northwest Europe expected to run about 6°C above seasonal norms, potentially curbing gas demand. In addition, President Donald Trump indicated that US-Iran diplomatic talks could resume, including a possible meeting with Iran’s president during the UN General Assembly in New York. Any progress toward resolving tensions could ease worries about potential disruptions to energy flows through the Strait of Hormuz, a critical corridor for global LNG shipments.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $3000 more!
    In September we raffle $3000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback