Amsterdam - Saba:
Natural gas prices in Europe fell during today's trading as the ceasefire between Iran and Israel held, easing concerns over supply disruptions and shifting focus back to fuel storage for the upcoming winter.
Benchmark futures dropped by 0.6% after a 12% decline yesterday. These contracts are now trading near their pre-war levels from earlier this month, according to Bloomberg News.
Geopolitical factors have been a key driver of energy prices in recent weeks, responding to fluctuations in the conflict as well as Trump's statements on the truce.
At the close of trading today, the benchmark Dutch futures price for the European market fell to €35.40 per megawatt-hour.
Natural gas prices in Europe fell during today's trading as the ceasefire between Iran and Israel held, easing concerns over supply disruptions and shifting focus back to fuel storage for the upcoming winter.
Benchmark futures dropped by 0.6% after a 12% decline yesterday. These contracts are now trading near their pre-war levels from earlier this month, according to Bloomberg News.
Geopolitical factors have been a key driver of energy prices in recent weeks, responding to fluctuations in the conflict as well as Trump's statements on the truce.
At the close of trading today, the benchmark Dutch futures price for the European market fell to €35.40 per megawatt-hour.