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Dutch TTF Gas Prices Jump 6% to $97.31

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Story summary
  • European natural gas prices jumped 6% at the Dutch TTF hub, reaching $97.31 per MWh.
  • EU gas storage was 68.04% full, below the 70% threshold and the five-year average above 80%.
  • Saudi Arabia temporarily shut its key East-West oil pipeline after drone attacks, raising supply concerns.
  • The European Commission said on Sept. 8 there is no immediate risk to gas security this winter.