European Gas Prices Ease as Storage Injections Progress
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European natural gas prices eased, hovering around €35 a megawatt-hour as stockpiling progresses amid strong arrivals of tanker-borne fuel shipments.
Benchmark futures fell as much as 4% on Tuesday after a long holiday weekend. Arrivals of liquefied natural gas cargoes remained slightly above seasonal averages, indicating healthy supply even as outages at some global facilities persist.