empty
 
 

29.06.202601:32:36UTC+00European Gas Prices Advance

European natural gas prices climbed to €41.7 per MWh on Monday, building on Friday’s advance as the latest escalation in the Middle East revived supply concerns. Shipping traffic through the Strait of Hormuz has slowed after new attacks on vessels since Thursday, including one on a Qatar-linked oil tanker. The incident triggered retaliatory strikes by both the US and Iran, marking the most serious flare-up since the two sides signed an interim peace agreement. Nonetheless, Axios reported that Washington and Tehran have agreed to halt further attacks and restart negotiations in Qatar on Tuesday. Weather conditions also lent support to gas prices, with a heatwave sweeping across Europe driving up gas demand from power producers to meet higher cooling needs.

  • 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 $1000 more!
    In June we raffle $1000 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