European natural gas prices have been on decline recently and fell to the lowest level since last October yesterday below EUR40/MWh, Danske Bank's FX analyst Kirstine Kundby-Nielsen reports.
Oil and coal prices have also set new lows recently
"The move follows the overall trend lower in energy prices, where oil and coal prices have also set new lows recently. Warmer weather in Europe and flexibility when it comes to rebuild of gas storages before next winter has also contributed."
Reprinted from FXStreet_id，the copyright all reserved by the original author.
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Leave Your Message Now