European natural gas prices on Wednesday reached their highest level since Russia attacked Ukraine last week, as fighting intensified and fears over supply disruptions continued to grow.
The Title Transfer Facility was up across the curve, while the prompt month soared by a record 60% from Tuesday’s close to hit an intraday high of nearly $64/MMBtu. Ultimately, the April contract finished close to $54, not far off a record of $59.550 set in December.
Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago.