EMEA Natural Gas Update: Futures Surge on Rise in Power Demand as Heatwave Scorches Europe
() -- European natural gas futures were up on Friday, hitting a three-week high, as extreme heat continues to bear down on the continent, offsetting the easing of tensions along the Strait of Hormuz. The front-month Dutch TTF contract rose 1.93% to 44.865 euros ($51.37) per megawatt-hour, while the UK front-month NBP c