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U.K., Europe natural gas prices see spike on fading hopes of more Gazprom supplies

·1 min read
U.K., Europe natural gas prices see spike on fading hopes of more Gazprom supplies
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Natural gas prices in the U.K. and Europe briefly spiked on Monday, after a report that Russia's Gazprom may not send more supplies as expected following recent comments from Russian President Vladimir Putin. European natural gas futures - based on benchmark November Title Transfer Facility (TTF) futures in the Netherlands -- climbed to 107.70 euros per megawatt hour (MWh) before easing back to 94.82 euros, with similar rollercoaster moves seen for U.K. futures . That's after a closely watched p