Close price: Prices made gradual gains yesterday off the back of growing tensions, military presence and activity by Russia across Ukraine’s border and Belarus region.
Opening price: Markets have dropped this morning to undo all of yesterday’s gains so far. From looking like an invasion of Ukraine was imminent, sentiment has shifted slightly with Russia announcing they will begin to pull back troops. Actions speak louder than words however, with prices still stubborn to move much and the other main issue of Russian gas flows into Europe still remaining very low.
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