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  • May 27th, 2022

Gas Heads for Weekly Loss in Europe as Russian Supply Fears Wane

European natural gas prices headed for a third straight weekly decline as fears over further disruptions to Russian supplies waned.

Benchmark futures fell as much as 4.3%, hitting the low level since the start of the war in Ukraine. Russian shipments are expected to remain stable on Friday, even as flows through one cross-border point in Ukraine remains cut off because of the conflict.

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