European Natural Gas Prices Surge to One-Year High on Tightening Supplies

Samantha Dart, co-head of global commodities research at Goldman Sachs, said colder-than-average weather across the EU "is a stronger driver" than the halt in Russian NatGas exports via Soviet-era pipelines running through Ukraine, which will, in turn, pressure EU NatGas prices higher. By Friday, EU NatGas prices reached levels not seen in over a year, exceeding 50 EUR/MWh.  "While this week's key headline in natural gas has been the halt in the residual Russian gas flows through Ukraine, the main tightening driver of NW European gas fundamentals…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com