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UK Natural Gas Futures Jump 5.7% in Late European Trading

ICE UK natural gas futures closed late European trading on Thursday, September 24, up 5.70% at 190.050 pence per therm, with gains widening notably from 22:00 Beijing time. The TTF Dutch benchmark rose 2.50% to 76.171 euros per megawatt-hour, while ICE EU carbon allowance futures added 1.05% to 86.36 euros per tonne.

Original source

AI take

The move is notable less for its size than for its breadth: UK gas, the Dutch TTF benchmark and EU carbon allowances all firmed together, which points to a shared driver rather than a local UK story. Carbon strength alongside gas matters because it feeds through to power and industrial costs across Europe. Whether the late-session acceleration reflects a one-off event or a shift in positioning is the open question.

Generated by AI for reference only.

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