European gas prices slip amid forecast for mild, windy weather

Benchmark futures dropped as much as 2.6% to the lowest level in more than two weeks
European gas prices slip amid forecast for mild, windy weather

Storm Darragh led to an increase in wind power generation reducing the need for gas. 

Natural gas prices in Europe fell for a fifth session, with an outlook for mild and windy weather later this month helping to shield inventories from faster depletion.

Benchmark futures dropped as much as 2.6% to the lowest level in more than two weeks. Storm Darragh swept through Ireland and Britain during the weekend, boosting wind power generation and reducing the use of gas in electricity production.

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