- Europe’s benchmark natural gas prices at the Dutch TTF hub were headed for a weekly gain early on Friday, supported by estimates of lower nuclear power output in France and forecasts of upcoming colder weather after a very warm start to the heating season.
- Maintenance at some gas export facilities in Norway and France’s EDF revising down its nuclear power output, again, also supported prices on Thursday and early on Friday.
- The comfortable storage levels, the high rate of LNG imports, and the mild weather in October and early November have eased concerns about gas supply and demand balances in the early part of the heating season.
European Natural Gas Prices Climb As Nuclear Output Drops
