Oil Futures Rally After Russia Reduces Gas Supplies to EU

Oil Futures Rally After Russia Reduces Gas Supplies to EU

Dutch Title Transfer Facility natural gas prices jumped by more than 17% to around 188 euros or $191.50 per megawatt/hour Tuesday in reaction to Gazprom’s announcement. For perspective, European natural gas prices surged by almost 700% from the …

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  • On July 26, 2022
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