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Prices have bumped back up amid Russian supply concerns

Close price: After a few days of trending down, prices have bumped back up amid Russian supply concerns, which were later confirmed warranted.

Opening price: Prices opened on a bullish note this morning, continuing on gains made yesterday off the back of news that Gazprom has halted all gas supply into Poland and Bulgaria in response to payments in Roubles not being undertaken.

With the majority of other European nations also refusing to pay in Roubles, the key question is, who is next? Would Russia continue to cut off nations when the deadline for April gas deliveries arrives.

Just when the markets were beginning to settle down, we have been thrown another spanner in the works. Expect more market volatility and pain in the medium term.