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European LNG, gas supply shifts strengthen 2026 summer-winter backwardation

European natural gas prices for summer 2026 have held their backwardation against their winter 2026 counterpart as sources emphasized improving global supply-demand dynamics later that year. Platts, part of S&P Global Commodity Insights, assessed the Dutch TTF summer 2026 contract at Eur34.485/MWh on Nov. 25, while the winter 2026 contract was assessed at Eur34.22/MWh. This ...

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