TTF-BENCH Dutch TTF Natural Gas Loading... : Bullish and Bearish Analyst Opinions

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16:00
Sep 06
Pablo Gil Head of Research, 21Shares Pablo Gil
TTF gas breakout targets 60 EUR/MWh.
EU gas storage at 60.8% in mid-August is the lowest for that date in five years, below the 90% target for 1 November, and global LNG competition will force Europe to pay up. TTF has broken above its multi-year consolidation range; projecting the range width points to roughly 60 EUR/MWh, nearly double the pre-breakout level.
HIGH
11:04
Aug 12
European gas prices stay elevated.
European TTF gas prices around 60 are more than 2.5-3 times pre-crisis levels. The market will find equilibrium only at an elevated price level, and it will not return to pre-war levels in the near term.
TTF-BENCH
MED

About TTF-BENCH Analyst Coverage

Buzzberg tracks TTF-BENCH (Dutch TTF Natural Gas) across 2 sources. 2 bullish vs 0 bearish calls from 2 analysts. Sentiment: predominantly bullish (100%). 2 total trade ideas tracked. Past 7 days: 1 bullish. Latest voices: Pablo Gil, Leonhard Birnbaum.