Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Near term prices drop as gas flows from Russia into Europe increase by 6%

Close price: Prices closed slightly higher Expectations that EU storage injection demands may stretch available gas supplies this summer lifted the near curve a touch, although gains were limited by the current ample LNG supply.

Opening price: Near term prices dropped quickly on open as gas flows from Russia into Europe increased by 6%. Putin will chair a meeting today around Energy. The meeting is likely to provide clarity on Putin’s earlier demand for Russian oil and gas payments in roubles.