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.