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European Gas Prices Through Next Year Rise on Persistent Risks

Posted on AllSides April 10th, 2024
From The Left

European natural gas edged higher, with the fuel expected to be more expensive through next winter amid persistent uncertainty about supply risks, including remaining flows from Russia.

Benchmark futures fluctuated between gains and losses Wednesday. The contract has traded in a relatively narrow range for the past month, after slumping in February to the lowest since 2021. In recent weeks, heightened tensions in the Middle East have provided upward pressure.

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