The front-month Dutch TTF Gas Futures, the benchmark for European gas, have jumped to €85/MWh Falling temperatures in the UK and in parts of the rest of Europe, as well as falling supply from Russia via the Yamal-Europe, pushed gas prices higher on Tuesday The benchmark natural gas prices in the UK and Europe jumped by another 10 percent to fresh record highs on Tuesday as energy commodities rally amid multi-year-low European gas inventories ahead of the winter season. The front-month Dutch TTF Gas Futures, the benchmark for European gas, have jumped to €85/MWh, up from €76.875/MWh on Monday afternoon , pushed higher in part by the contract rolling off this week. Price at the UK National Balancing Point (NBP) virtual trading point reached another record high. The Q4 UK price rose by 16.30 pence to 213.00 pence per therm, its highest level on record, according to Reuters estimates […]