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Russia and Ukraine signed the agreements needed to keep Russian gas flows to Gazprom's western European markets running for five years, averting a winter supply crisis. European gas and power prices extended their declines after the accord.
Record LNG volumes this year are supporting a supply glut.
Assured Russian pipeline supply removes a winter supply-shock risk, pushing European gas prices lower. Lower energy costs support feed margins, though the effect on grain and oilseed prices is indirect.
bloomberg.comDina Khrennikova, Daryna Krasnolutska, Mathew Carr2020年1月1日在过去 15 次看跌的地缘政治事件之后，天然气 在 5 个交易日内中位数变动 -1.1%（40% 上涨；中间一半区间为 -9.2% 至 +2.4%），20 个交易日内为 +4.7%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
