European Gas Traders Are Already Worrying About Next Winter
- Gas capacity deals at Russia-Ukraine border set to end
- Next winter gas is trading at a premium to all other contracts
Worries include uncertainty over remaining Russian flows through Ukraine and rebounding gas demand in Asia.
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After more than a year’s respite from record price swings in Europe’s natural gas market, traders are getting agitated again.
While demand remains muted and the region exited the heating season with the highest stocks on record, industry players gathering at the Flame conference in Amsterdam this week see risks mounting. And prices are responding.