Brent Stabilises at $105 as European Natural Gas Prices Fall

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Brent stood at $105.91 a barrel at 12:30 Cyprus time, while TTF contracts fell 2.7% to €84.80 per megawatt-hour.

Brent crude traded close to $105 a barrel on Wednesday, while European natural gas prices recorded a decline of more than 2%.

At 12:30 Cyprus time, Brent crude was up 0.2% at $105.91 a barrel. US crude WTI rose 0.7% to $94.80 a barrel.

November 2026 futures contracts for Dutch TTF, the benchmark for Europe, fell 2.7% to €84.80 per megawatt-hour. The price retreated from its highest level since December 2022, at €87 per megawatt-hour.

Source: CNA