Dutch TTF natural gas prices have fallen to a 3 month low of 165 eur/Mwh. The prices are curently 40% higher than at the same time last year
Dutch TTF natural gas prices have fallen to a 3 month low of 165 eur/Mwh. The prices are curently 40% higher than at the same time last year
6 comments
source:[https://tradingeconomics.com/commodity/eu-natural-gas](https://tradingeconomics.com/commodity/eu-natural-gas)
Great news! (Although still very high prices obviously)
Shock is ending ?
After every shortage there comes a glut. Perhaps next year the prices will be lower compared to before the war.
Obviously it’s good that the price is falling, but this alone isn’t an indicator that the unprecedented volatility in the natural gas market is coming to an end.
The graph you posted suggests to the casual viewer that things are normalizing, but [when we’re looking at the past 10 years](https://i.imgur.com/gH1g3Ms.jpeg), it’s quite obvious that we’re pretty far away from normal.
I hope this bubble bursts soo, it is all just speculation be it gas or electricity.