European gas prices jumped to a two-week high on concerns about LNG supplies.
Based on fears of shrinking LNG flows, natural gas futures jumped more than 8% to over €33 per MWh, their highest level in two weeks. These concerns outweighed the fact that gas reserves in storage are at a record level, drawing the attention of Trading Economics. “Gas flows at the main US export terminal have decreased, which indicates a possible disconnection. In addition, there is a risk that in September, October, and November, due to higher supply prices, they will