The Dutch front-month contract at the TTF hub, the European benchmark, pushed 0.4% higher to trade near four-month peaks, while the equivalent British wholesale gas contract mirrored the advance, up 0.3%. Both benchmark contracts are poised to close out a fourth straight week of gains, driven by persistent geopolitical risk premiums across energy commodities and tightening global supplies of liquefied natural gas (LNG). Equinor Chief Executive Anders Opedal noted that European storage levels currently stand around 54% - below the five-year seasonal average and at their second-lowest level in 15 years. The sustained surge in wholesale gas prices continues to complicate the macroeconomic outlook for European central bankers. Related articlesEuropean gas futures hit four-month highs, set for fourth weekly gainChina cuts Iranian oil purchases by 40%, BessentsaysUBS recommends adding gold exposure on pullbacks at this price