Loading…
European gas futures fell as much as 4.7% after traders weighed ample storage against possible demand recovery. Freeport LNG in Texas received further approvals to restart, which signals more U.S. LNG cargoes later in the quarter.
Ample European stocks and returning U.S. LNG supply weigh on global gas prices, which lowers energy and fertilizer costs for feed producers.
bloomberg.comElena MaznevaFeb 2, 2023Not enough comparable past events yet for a historical read.
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.
