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European nat gas hits highest since Dec 2022 on scarce LNG

European natural gas prices reached their highest level since December 2022 as Persian Gulf LNG flows remain down about 80% year-on-year, with Asia and Europe competing for spot cargoes amid low storage.

Original · FXStreet AI summary of public reporting

Why: Scarce Persian Gulf LNG and low storage → European prices surge

NATGAS

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At publication → Current
NATGAS3.553 → 3.558+0.1%
European nat gas hits highest since Dec 2022 on scarce LNG | SignalHub