# European Gas Falls as Traders Shrug Off Russia Supply Risk - Bloomberg

> European gas futures settled 4.9% lower at 94.01 euros per megawatt-hour as traders focused on continued supply despite a drop in Russian pipeline shipments. The article is subscriber-only and only partly visible.

- Date: 2022-05-11 · published 2022-05-11T12:00:00.000Z
- Category: geopolitics · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/12158-european-gas-falls-as-traders-shrug-off-russia-supply-risk-bloomberg
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Markets are looking past a decline in Russian flows, which limits upside in gas prices. Gas costs are a key input for European nitrogen fertilizer and feed processing.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-05-09 | [European Gas Drops as Russia Tries to Calm Clients Over Payments - Bloomberg](https://feedsoft.ai/events/12155-european-gas-drops-as-russia-tries-to-calm-clients-over-payments-bloomberg.md) | -6.0% | +12.3% |
| NATGAS | 2020-01-01 | [European Gas Prices Fall as Ukraine, Russia Deal Averts Crisis](https://feedsoft.ai/events/55767-european-gas-prices-fall-as-ukraine-russia-deal-averts-crisis.md) | -1.1% | -11.9% |
| NATGAS | 2023-11-03 | [European Gas Posts Third Weekly Drop as Impact of War Is Limited - Bloomberg](https://feedsoft.ai/events/6390-european-gas-posts-third-weekly-drop-as-impact-of-war-is-limited-bloomberg.md) | -12.8% | -15.7% |
| NATGAS | 2022-05-10 | [Gas prices drop as Russia says sanctions will not affect gas payments from Europe](https://feedsoft.ai/events/12160-gas-prices-drop-as-russia-says-sanctions-will-not-affect-gas-payments-from.md) | +6.5% | +23.4% |
| NATGAS | 2026-05-06 | [Oil and gas prices fall sharply, driven by hopes of strait of Hormuz reopening – as it happened \| Business \| The Guardian](https://feedsoft.ai/events/9584-oil-and-gas-prices-fall-sharply-driven-by-hopes-of-strait-of-hormuz-reopening.md) | +2.4% | +10.0% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2022-05-11/european-gas-prices-rise-as-flows-via-key-ukraine-route-stop

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.