European Gas Declines as Persistent Mild Weather Curbs Demand
- Unseasonably warm temperatures are forecast for next week
- Concerns about blackouts and rationing this winter have eased
This article is for subscribers only.
European natural gas prices declined as persistent warmer-than-normal winter weather reduces demand and eases stress of the region’s energy systems.
Benchmark futures fell as much as 6.5%. Unseasonably mild temperatures are set to remain across continental Europe next week, forecasts show.