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All eyes on Nord Stream 1 turbine developments

Close price: Mixed price movements on Friday to close the week, but overall prices moved up. On Friday Gazprom had requested documentation related to the return of a key gas turbine and Putin warned that Nord Stream 1 supplies could be reduced significantly if Portovaya compressor station was only left with one turbine.

Opening price: Prices opened lower this morning. The concerns over whether the Canadian documentation would be provided for the NS1 turbine were short lived, with reports the documents were received by GazProm over the weekend.

Oil prices are bearish again for anther week, with the news Libya will be increasing output to 1.2m bpd.