Europe Gas Prices Surge After Flows Drop at Biggest US LNG Plant
- Chevron, unions near deal to end strikes that rattled market
- Capacity at giant Troll field gradually returning after works
European natural gas prices surged after a drop in flows to the biggest US liquefaction terminal, underscoring the market’s continued sensitivity to supply risks.
Benchmark futures in the Netherlands settled 4.9% higher, after declining as much as 6.1% in earlier trading.
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Europe Gas Prices Surge After Flows Drop at Biggest US LNG Plant