The drop has a number of causes, but the main one seems to be that a lot of speculation has disappeared from the market. This had arisen because gas traders expected that a lot of gas would have to be purchased next summer to replenish Europe's empty gas reserves. Combined with a limited supply of natural gas, that drove the price up sharply in recent months. 'That was almost excessively oversold,' said Hans van Cleef, energy analyst at consultancy Publieke Zaken.
PZ ERS in the news - Studio Energy
Feb. 17, 2025
The European gas market in recent weeks has been dominated by falling gas supplies and, by extension, rising prices. As a result, political
