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Shell resumed maintenance at the Nyhamna gas processing terminal in Norway after a postponement caused by a cooling system problem. The outage had reduced Norwegian output and contributed to higher British and Dutch gas prices.
Lower Norwegian pipeline supply to Europe tightens the regional gas balance and lifts European gas prices. Restarting the plant eases that pressure.
reuters.comJun 23, 2023After 54 past bullish logistics events, Natural Gas moved a median -1.8% over 5 sessions (43% higher; middle half -5.7% to +6.2%), and +5.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
