Europe’s Fragile Gas Market Shows Risk of Crisis Redux
- Benchmark futures jumped as much as 30% in Thursday’s trading
- Rally is ‘taster of potential risk to come’: Inspired Energy
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The gas market is flashing warning signs that Europe could easily plunge back into crisis.
Huge price swings caused by a series of small outages at gas facilities in Norway and the planned shutdown of a key production site in the Netherlands have provided a glimpse of how fragile the market is to any threat of disruption to the region’s supply.