• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

European Gas Extend Plunge as LNG Supplies Promise Re-Balancing of the Market

December 28, 2021 by Forex Winner Leave a Comment

European Gas Extend Plunge as LNG Supplies Promise Re-Balancing of the Market

Source: Bloomberg

European natural gas extended its falling trend to the longest in over one year as shipments from the US were expected to ease the region’s energy shortage. TTF1! down -19.37%

  • Benchmark Dutch front-month gas dropped for the 5th consecutive day, falling nearly 8.3% in Amsterdam. 
  • Additional vessels ferrying liquefied natural gas are moving towards Europe, increasing expectations the new supplies will re-balance the market.
  • Prices have dropped after rising to record-highs last week after a sharp decline in gas flows from Russia.
  • Traders are also assessing whether Russia is ready to book additional pipeline capacity for shipping more gas to Europe next month. 
  • The number of US LNG cargoes moving towards the European ports grew by 30% over the weekend.
  • The region is attracting extra supplies as Asia’s biggest buyers are choosing to use their inventories over the winter rather than purchasing more.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

How to Predict Forex Movement?

November 30, 2022

The Red Dog Reversal: A Strategy for Day or Swing Trading

November 9, 2022

Tron DAO to Pull Out Additional 3 Billion TRX

Tron DAO to Pull Out Additional 3 Billion TRX

June 16, 2022

Footer

Forex Broker Reviews

ufx

UFX Review

November 18, 2019 By Forex Winner

CMC Markets

CMC Markets Review

November 25, 2019 By Forex Winner

lmfx

LMFX Review

December 23, 2019 By Forex Winner

Forex Robot Reviews

Profit Lab EA Review

Profit Lab EA Review

June 28, 2022 By Forex Winner

GoodMorning EA

GoodMorning EA Review

June 23, 2022 By Forex Winner

FxHT Daily Trend EA Review

FxHT Daily Trend EA Review

June 22, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2023 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure