global-hydrogen-hub global-hydrogen-hub global-hydrogen-hub
European Gas Hub Logo
No Result
View All Result
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Industry Association
    • Research Institute / Think Tank
    • Regulatory Body
    • Government Body
    • Consultant
    • Gas Prices
  • Other Hubs
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • GLOBAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
Cart / €0.00

No products in the cart.

  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Industry Association
    • Research Institute / Think Tank
    • Regulatory Body
    • Government Body
    • Consultant
    • Gas Prices
  • Other Hubs
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • GLOBAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
European-Gas-Hub-Logo
No Result
View All Result
Home Gas Prices

Middle East crisis demonstrates TTF gas price vulnerability

Editor by Editor
4 weeks ago
Reading Time: 1 min read
natural-gas-prices
Share on FacebookShare on TwitterShare on Linkedin

The Middle East crisis fuelled strong price volatility across Asia and European markets through June.

RELATED POSTS

gas-storage

Low gas storage levels in Rehden a cause for concern

4 weeks ago
European-LNG-imports

European LNG imports surge by a staggering 40%

4 weeks ago
Strait-Hormuz

Europe’s exposure to Strait of Hormuz is limited

1 month ago

The fear premium drove-up TTF and JKM prices to a four-month high, before rapidly fading away.

In Europe, TTF prices rose by 14% yoy to an average of $12.4/mmbtu – their highest monthly level since January.

At the height of the Israel-Iran conflict, TTF surged to near $14/mmbtu, fuelled by fear that the crisis could escalate further and disrupt LNG flows via Hormuz.

Prices collapsed by 20% since the ceasefire and returned close to pre-crisis levels at just above $11/mmbtu.

This being said, lower Russia and Norwegian pipeline supplies together with stronger storage injections are keeping the market tight. and Europe’s LNG thirst is growing, with imports up by 40% yoy.

In Asia, JKM prices followed a similar pattern, rising by 6% to an average of $13/mmbtu, primarily supported by the Middle East crisis.

Demand remains weak, with both China (-6% yoy) and India (-16%) recording steep drops in their LNG imports.

In the US, Henry Hub prices were up by near 20% yoy to an average of $3/mmbtu.

Stronger storage injections together with higher exports are supporting prices at a balanced level -a well-needed recovery compared to the historically low prices of last year.

Domestic production remained strong, up by 4% yoy and staying close to record levels.

What is your view? How will gas prices evolve through the remainder of the summer? Are we up for more volatility?

Source: Greg MOLNAR


RELATED POSTS

gas-storage

Low gas storage levels in Rehden a cause for concern

4 weeks ago
European-LNG-imports

European LNG imports surge by a staggering 40%

4 weeks ago
Strait-Hormuz

Europe’s exposure to Strait of Hormuz is limited

1 month ago
Tags: Henry hub pricesJKM pricesprice volatilityTTF prices
Editor

Editor

Related Posts

gas-storage
Gas Prices

Low gas storage levels in Rehden a cause for concern

4 weeks ago
European-LNG-imports
Gas Prices

European LNG imports surge by a staggering 40%

4 weeks ago
Strait-Hormuz
Gas Prices

Europe’s exposure to Strait of Hormuz is limited

1 month ago
TTF-prices
Gas Prices

TTF prices rose to above €40/MWh

1 month ago
LNG-imports
Gas Prices

More LNG imports required to fill European gas storage

2 months ago
natural-gas-markets
Gas Prices

The growing complexity of natural gas markets

3 months ago
No Result
View All Result

Trending Posts

global-LNG-supply-growth

Global LNG supply growth is set to accelerate in 2026

2 weeks ago
natural-gas-prices

Middle East crisis demonstrates TTF gas price vulnerability

4 weeks ago
European-LNG-imports

European LNG imports surge by a staggering 40%

4 weeks ago
Load More

Recent Post

Change-in-LNG-sendout

European gas storage levels remain on track to reach 80-85% capacity

1 week ago
global-LNG-supply-growth

Global LNG supply growth is set to accelerate in 2026

2 weeks ago
TTF-JKM-correlation

TTF-JKM correlation hit record levels in the first half of 2025

3 weeks ago
Load More
Logo

European Gas Hub is an online platform for sharing analysis and information about European natural gas markets more info

Categories

  • European Gas Prices
  • Energy Policy
  • European Gas Infastructure
  • European Gas Storage
  • Coal Market
  • Supply & Demand
  • Gas Supply & Demand
  • LNG
  • European Power Generation
  • Other

Recent Posts

European gas storage levels remain on track to reach 80-85% capacity

Global LNG supply growth is set to accelerate in 2026

TTF-JKM correlation hit record levels in the first half of 2025

Energise your Tuesday!

Sign up to receive our weekly newsletter with new European gas market reports, presentations & analysis. Every Tuesday.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

By signing up, I agree to our TOS and Privacy Policy.

© 2020 EuropeanGasHub | All Rights Reserved

No Result
View All Result
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Industry Association
    • Research Institute / Think Tank
    • Regulatory Body
    • Government Body
    • Consultant
    • Gas Prices
  • Other Hubs
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • GLOBAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login

© 2020 EuropeanGasHub | All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.