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Auction for Ukranian gas capacity flops - 26-05-2021

Gas prices boomed yesterday, mainly supported by the fact an auction for Ukrainian gas capacity Velke, ended with no sales. Nominations through Velke are half the levels compared to 2020. Oil and Carbon made modest gains yesterday, helping push prices further. Brent is this morning trading higher amid expectations of positive signals from the US, with driving season due to begin.