Tag: Natural Gas

European gas prices jump 10% as strikes get underway at major LNG facilities in Australia

European gas prices moved sharply higher on Friday as workers at Australian natural gas facilities went on strike, prompting fears that a prolonged halt to production could squeeze global supplies.

European gas prices jumped nearly 40% on Australia supply fears — and analysts expect further rises

Energy analysts believe the bullish momentum for European natural gas prices will persist over the coming months after futures jumped almost 40% on Wednesday.