Oil / Commodities - European natural gas prices dropped after Russia this week signalled a de-escalation of tensions, easing some concerns over energy supplies to the continent. Europe’s energy crunch has eased in recent weeks with an influx of LNG into Europe and milder temperatures. Russian gas entering Slovakia through a key route crossing Ukraine are also gradually recovering after bottoming out over the weekend. However, flows through the Yamal-Europe line has been halted for over eight weeks. Ukrainian President Volodymyr Zelenskiy briefly spooked markets on Monday with predictions of a Russian invasion which was later explained as an iron. The market continues to respond to every change of tone in the talks between Russia and the West over Ukraine. An escalation in tensions raises fears of a potential disruption of Russian energy supplies.
Newsletter - February 15, 2022
Newsletter - February 15, 2022
Newsletter - February 15, 2022
Oil / Commodities - European natural gas prices dropped after Russia this week signalled a de-escalation of tensions, easing some concerns over energy supplies to the continent. Europe’s energy crunch has eased in recent weeks with an influx of LNG into Europe and milder temperatures. Russian gas entering Slovakia through a key route crossing Ukraine are also gradually recovering after bottoming out over the weekend. However, flows through the Yamal-Europe line has been halted for over eight weeks. Ukrainian President Volodymyr Zelenskiy briefly spooked markets on Monday with predictions of a Russian invasion which was later explained as an iron. The market continues to respond to every change of tone in the talks between Russia and the West over Ukraine. An escalation in tensions raises fears of a potential disruption of Russian energy supplies.