Close price: Very little change day to day as fundamentals remain relatively unchanged. We are however seeing the price of a 12-month contract trend downwards, while the 12 and 36-month terms rise slightly, closing the gap of backwardation in the markets.
Opening price: Prices have been very stable this morning as Russian gas flows remain unchanged. The UK has seen 12 LNG arrivals this month already, with a further 12 expected.
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