European natural gas futures fell to below €42 per MMBtu on Wednesday, extending the previous session’s losses to hit an over six-week low as optimism grew that the US and Iran may resume discussions aimed at ending the conflict. President Donald Trump said on Tuesday that talks with Iran could restart within the next two days, following the breakdown of weekend negotiations that had led Washington to impose a blockade on Iranian ports. Tehran is also reportedly weighing a temporary halt to shipments through the strait to avoid provoking the current blockade and undermine peace talks. Meanwhile, Asian LNG imports have declined to their lowest level in nearly six years, which may offer temporary relief to European buyers competing for cargoes at a time when Europe needs to refill its tanks before next winter. Warmer weather across the region is also expected to curb heating demand in the coming weeks.
TTF Gas fell to 42.47 EUR/MWh on April 15, 2026, down 2.06% from the previous day. Over the past month, TTF Gas's price has fallen 16.53%, but it is still 20.04% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, EU Natural Gas reached an all time high of 345 in March of 2022. EU Natural Gas - data, forecasts, historical chart - was last updated on April 15 of 2026.
TTF Gas fell to 42.47 EUR/MWh on April 15, 2026, down 2.06% from the previous day. Over the past month, TTF Gas's price has fallen 16.53%, but it is still 20.04% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. EU Natural Gas is expected to trade at 45.74 EUR/MWh by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 53.90 in 12 months time.