Reported 8 months ago
Europe’s gas market is experiencing tension this summer due to factors such as potential actions by Russia, EU sanctions on Russian LNG transshipments, outages in Norway and the US, the upcoming expiration of the Russia-Ukraine gas transit agreement, and slower refills of gas storage facilities. Traders are closely watching these drivers to gauge the impact on fuel supplies and prices, despite volatility not reaching the levels of the previous year.
Source: YAHOO