
Gazprom's accounts show the average price Europe paid for Russian gas fell to $169.8 per thousand cubic meters in the third quarter, a 32% drop from a year earlier and the lowest level in 15 years. Gazprom's export sales to Europe and non-CIS countries fell 37% year on year.
The decline is attributed to LNG competition pushing excess supply into Europe.
Cheap Russian and LNG gas in Europe signals a persistent global energy glut that weighs on energy-linked costs and gas-fired fertilizer economics. The direct effect on feed grain prices is small.
Setelah 62 peristiwa laporan bearish sebelumnya, Gas Alam bergerak median -3,0% selama 5 sesi (42% lebih tinggi; separuh tengah -7,6% sampai +4,6%), dan -0,5% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.