European Natural Gas Prices Continue To Slide As LNG Imports Surge ...Middle East

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European Natural Gas Prices Continue To Slide As LNG Imports Surge
Natural gas prices in Europe on Tuesday extended a slide that began three days ago thanks to forecasts for warmer weather coming to Europe along with LNG shipments seen as offsetting the danger of a cutoff of Russian gas for the EU. Bloomberg reported that gas futures had slipped by over 3% before recouping some of the losses, but still down from yesterday. Meanwhile, the European Commission is racing to provide legal clarity for payments in Russian rubles amid calls from major importers that they are still not certain whether such payments would…

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