European Gas Extends Rally as Russian Supply Risk Stalks Market

  • Nord Stream link to Germany is set for maintenance next week
  • Futures fell earlier, after Norway intervened in labor dispute

Source: Bloomberg

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European natural gas resumed its rally as traders focused on the risk of potential disruptions from top supplier Russia.

Benchmark futures rose for a sixth session, erasing an earlier decline. The front-month contract has more than doubled in value over the past month.