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Europe Gas Fluctuates as Traders Weigh Russian Supply Risks

  • Year-on-year demand for the fuel fell 12% in August, Citi says
  • Storage refill, LNG and Norwegian flows ease Russia concerns
Bloomberg business news
WATCH: DIW Analyst Claudia Kemfert explains why gas price caps are not the answer for Germany.Source: Bloomberg
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European natural gas fluctuated as traders assess a rapid filling of storage sites against persistent concerns over Russian supply.

Benchmark futures have slumped by about a third this week and were slightly up on Thursday, reversing earlier declines.