European natural gas prices plunge, ending five-week rally
NBP NovaBridge Biosciences ADR
$0.86 -5.36%
View chart & analysis → - 1European wholesale natural gas prices ended a five-week rally on Friday with a daily decline of 3.5%.
- 2Dutch TTF front-month contracts saw a weekly decline of over 15%.
- 3UK NBP contracts recorded a daily decline of 3.5% on Friday.
So what's the key point?
Natural gas prices traded in Europe fell by 3.5 percent in a single day. This means the upward trend that had continued for five weeks has stopped and prices have gone down.
Source MarketWatch +1 · View original ↗
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