Detail
European gas prices edge higher as cooler forecasts offset storage injection
European and British wholesale natural gas prices were largely muted on Wednesday, edging slightly higher as updated weather models predicting cooler temperatures across Northwestern Europe countered ongoing steady additions to continental storage reserves. The benchmark rose 1.5% to trade at 76.80 euros per megawatt-hour (MWh), maintaining its footing near multi-week highs. In Great Britain, the…