Natural-gas prices have surged in Europe following a plunge in the spring, offering much-needed relief to U.S. exporters. Spot prices for gas in the Title Transfer Facility, a virtual trading hub in the Netherlands, have rallied 265% from their trough in late May, even after slipping over the past week. Prices have gone from just under $1 per million British thermal units to $3.63 in under four months, according to S&P Global Platts.

Source: Wall Street Journal September 16, 2020 10:18 UTC