Europe Gas: Prices rise as Nord Stream 1 curbs continue to roil market
Dutch wholesale gas prices rose on Monday morning as lower flows of Russian gas to Europe via Nord Stream 1 aggravated concerns about winter gas supplies, while near-term British prices rose on higher demand from the power sector. The Dutch July contract was up 2 euros at 126 euros per megawatt hour (MWh) by 0934 GMT, and August gas was up 8 euros at 125 euros/MWh. The cuts to Russian gas deliveries to Europe via the Nord Stream 1 pipeline are the main driver for the market, a trader said. ...
Read More »