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European wholesale natural gas prices fall after October surge

Investing.com · ·by G4L

NBP
NBP NovaBridge Biosciences ADR
$0.86 -5.36%
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  1. 1Dutch TTF futures contracts traded at 101 euro/MWh, down 3% on Monday.
  2. 2UK NBP spot prices recorded 249.40 pence/therm, down 3.2% on Monday.
  3. 3Nominal capacity of underground gas storage facilities across Europe approached 74% in early November.

So what's the key point?

European natural gas prices have fallen after a significant rise in October. Prices decreased because gas storage facilities are approximately 74% full.

Source Investing.com · View original ↗

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