Skip to content

European Gas Eases Amid Mild Weather Outlook, Higher LNG Flows

  • Russia’s gas flows are in focus amid uncertainty over payments
  • Milder temperatures and extra LNG imports are expected
Bloomberg business news
EU May Need Sanctions on Russian Oil, Gas, Michel Says
Updated on

Natural gas prices in Europe slid for a fourth day as uncertainty over future shipments from Russia countered a milder weather outlook and additional liquefied natural gas imports. 

Benchmark futures slipped 1.6% with a flotilla of LNG cargoes arriving in the region. Wind output is also high across Europe, curbing demand for the fuel. In addition, warmer than normal temperatures are seen expanding across the continent throughout next week.