European Natural Gas Prices Plunge As Russia Increases Gas Flows

European Natural Gas Prices Plunge As Russia Increases Gas Flows

OilPrice.com

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European natural gas prices plunged Wednesday after signs Russian gas flows into Europe were increasing ahead of what's expected to be a miserable winter of tight supplies and high energy costs.  Dutch natural gas futures, the European benchmark, dropped as much as 12% to € 64.14 per megawatt-hour after Russia's state energy company Gazprom PJSC data showed flows to Europe via Ukraine and Poland increased Wednesday."There are currently tentative signs Russia is sending more gas. More than 94 million cubic meters of natural…

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