ICE UK Natural Gas Futures Jump 4.97% on July 8, Reaching 117.95 Pence in Late Rally

NG-1.98%
On Wednesday, July 8, ICE UK natural gas futures rose 4.97% to close at 116.25 pence per therm, with a significant rally after 4 p.m. Beijing time lifting prices to 117.95 pence. TTF Dutch natural gas futures, the European benchmark, gained 1.89% to 48.97 euros per megawatt-hour, though Bloomberg data showed volatility with a brief dip to 33.54 euros before recovery above 48.95 euros.
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