Maritime market update: Shell forecasts LNG bunker demand to triple by 2023
A further drop in Risavika LNG front month to 25.80 EUR/MWh, a 2.9 % reduction as of Friday last week. European gas prices adjusted lower due to seasonal change and expectations of warmer than usual start of March. Gas storage levels in Europe are currently around 37% full compared to 60% full at the same time last year, based on the latest Gas Infrastructure Europe data. Storages will need to be topped up significantly in the coming months, providing support to gas prices. Oil prices continued gaining as benchmark oil ...
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