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European natural gas prices set another record as Gazprom booked only a fraction of available Ukrainian transit capacity for September, cutting Russian pipeline flows to Europe. Storage remains low, raising fears of a winter supply shortfall.
Reduced Russian pipeline supply to Europe tightens the market and draws LNG away from Asia, supporting higher gas prices.
naturalgasintel.comJamison CocklinAug 16, 2021After 59 past bullish trade events, NATGAS moved a median +1.3% over 5 sessions (61% higher; middle half -2.7% to +10.6%), and +8.0% 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.
