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While verbal interventions, i.e. assessments by respected organizations, suppress oil prices, such a trick does not work with gas. It's one thing to say that peace negotiations are about to begin, but there is no shortage, but even an excess of raw materials on the world market, so it's time for January futures to come down. It is another matter to convince consumers in Europe that they have enough gas here and now.

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"Нефтегазовая игра" с Александром Фроловым · · Source

While verbal interventions, i.e. assessments by respected organizations, suppress oil prices, such a trick does not work with gas. It's one thing to say that peace negotiations are about to begin, but there is no shortage, but even an excess of raw materials on the world market, so it's time for January futures to come down. It is another matter to convince consumers in Europe that they have enough gas here and now.

The spot prices in Europe remain above 89 euros per MWh (at the current, slightly increased rate - approximately $1,050 per thousand cubic meters).

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