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Market shrugs off EC’s plan to vary gasoline benchmark

manusohal by manusohal
November 21, 2022
in White papers
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EC’s proposal has been met with disbelief

The European Fee’s proposal to maneuver Europe’s gasoline markets away from the Dutch Title Switch Facility (TTF) benchmark has been disregarded by market members, who say the plan isn’t being taken severely by the market.

In a raft of measures to stabilise Europe’s vitality markets, EC president, Ursula von der Leyen confirmed the legislator’s determination to search for an alternate benchmark for European gasoline markets as a part of her State of the Union speech on Wednesday (September 14).

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