European TTF Gas Rebounds After Monday’s Drop

European natural-gas prices recovered in early trading, with the benchmark Dutch TTF contract rising 3.6% to 98.25 euros per megawatt-hour.

A facts-only brief, written by a local AI model from this article in The Wall Street Journal, November 3, 2026. It may contain mistakes, and it is not the article: the full story is at wsj.com.

European natural-gas prices recovered in early trading, with the benchmark Dutch TTF contract rising 3.6% to 98.25 euros per megawatt-hour. This rebound followed a previous session where prices had settled more than 8% lower. Market participants are currently assessing the impact of recent U.S. military actions against Iran alongside ongoing diplomatic initiatives aimed at resolving the conflict.

Background

  • Analysts at ING note that liquefied natural gas flows from the region have not recovered to the same extent as oil supplies.
  • ING warns that this disparity leaves the gas market vulnerable as Europe enters the heating season.
  • The firm emphasizes that de-escalation of the conflict is critical for the stability of the gas market.

Read the full article at wsj.com

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