European natural gas futures dropped to €31.5/MWh on Friday, after rising to as high as €33.8 as investors monitored the situation in the Middle East. Iran seems to downplay the overnight attack by Israel and the risks of an immediate response. Despite this, natural gas prices remain over 2% higher this week due to increased demand in Asia, supply disruptions in the US, and pipeline problems in Norway. Imports of LNG from Asian countries are on the rise, with imports from China reaching 6.61 million tons in March. Also, ongoing supply cuts in Norway and repairs at the Freeport LNG terminal in Texas led to reduced flows, with work at the latter expected to continue through May.

TTF Gas decreased 1.60 EUR/MWh or 4.95% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, EU Natural Gas TTF reached an all time high of 345 in March of 2022. EU Natural Gas TTF - data, forecasts, historical chart - was last updated on April 20 of 2024.

TTF Gas decreased 1.60 EUR/MWh or 4.95% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. EU Natural Gas TTF is expected to trade at 33.44 EUR/MWh by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 40.20 in 12 months time.



Price Day Month Year Date
Crude Oil 83.14 0.410 0.50% 2.30% 7.46% Apr/19
Brent 87.29 0.180 0.21% 2.24% 8.02% Apr/19
Natural gas 1.76 0.0071 0.41% -3.93% -21.22% Apr/20
Gasoline 2.71 -0.0034 -0.13% -0.33% 4.79% Apr/19
Heating Oil 2.55 0.0160 0.63% -4.80% 2.09% Apr/19
TTF Gas 30.75 -1.44 -4.46% 10.84% -24.20% Apr/19
UK Gas 77.06 -3.6200 -4.49% 7.96% -19.39% Apr/19
Ethanol 1.69 0.0225 1.35% 6.65% -30.23% Apr/19
Naphtha 684.85 0.88 0.13% -3.87% 0.36% Apr/19
Propane 0.81 0.003 0.37% -0.55% -0.48% Apr/19
Uranium 89.30 0 0% 0.90% 71.40% Apr/19
Methanol 2,617.00 17.00 0.65% 1.12% 6.95% Apr/19


EU Natural Gas TTF
Dutch TTF Gas is a leading European benchmark price as the volumes traded represent more than 14 times the amount of gas used by the Netherlands for domestic purposes. Contracts are for physical delivery through the transfer of rights in respect of Natural Gas at the Title Transfer Facility (TTF) Virtual Trading Point, operated by Gasunie Transport Services (GTS), the transmission system operator in the Netherlands. Delivery is made equally each hour throughout the delivery period from 06:00 (CET) on the first day of the month until 06:00 (CET) on the first day of the next month. Futures are available for trading in the Intercontinental Exchange Inc. (ICE). Prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our natural gas market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.
Actual Previous Highest Lowest Dates Unit Frequency
30.75 32.19 345.00 3.37 2010 - 2024 EUR/MWh Daily