Europe’s Gas Price Boosted by Supply Risks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 22 2024
0mins
Source: WSJ
European Gas Prices and Sanctions: European natural-gas prices remain high due to the escalating war between Russia and Ukraine, with recent U.S. sanctions on Gazprombank increasing the risk of supply cuts to central European nations still receiving gas via pipelines.
Impact of Weather on Gas Storage: Colder temperatures are rapidly depleting EU gas storage levels, contributing to rising prices, as seen in early trading where the benchmark Dutch TTF increased by 0.7%.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
