According to AleaSoft Energy Forecasting, TTF gas futures prices in the ICE market for the FrontMonth, on June 24 and 25 increased. On Tuesday, June 25, these futures registered their weekly maximum settlement price, €34.85/MWh.
However, on Wednesday, June 26, there was a 3.0% drop compared the previous day and the settlement price was €33.82/MWh. This was the weekly minimum settlement price and the lowest since June 8. On Thursday and Friday prices recovered. On Friday, June 28, the settlement price was €34.48/MWh. According to data analyzed at AleaSoft Energy Forecasting, this price was 1.6% higher than the previous Friday.
Despite potential supply problems to refill European reserves for the coming winter, their levels remain high. This contributed to TTF gas futures prices remaining below €35/MWh in the fourth week of June, AleaSoft Energy Forecasting reports.
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