- 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.