Russia has promised to increase its energy supply to Europe. This is a very simple fact. In fact, in many parts of Europe, natural gas is highly dependent on Russian supply. When there is a problem with Russian natural gas supply, the price of natural gas in different parts of Europe will rise. At the same time, if Russia promises to further increase its energy supply to Europe, with the change of market supply and demand, the price of natural gas in Europe will also fall. This situation is hard to say, because the oil and gas problem itself is a global problem, so the outcome of the rise and fall of natural gas prices is not clear.
Short sellers in the futures market may become winners. In general, we can understand that a sharp rise in natural gas prices is good news for natural gas exporting countries, while a sharp drop in natural gas prices is good news for natural gas importing countries. At the same time, because the natural gas market itself has futures trading, futures trading will also have long and short trading, so players who short in the natural gas futures price crash will become winners. Although the price of natural gas in Europe continues to be high, we can see that the price of natural gas has dropped by 0.5%- 1.2% in a short time.
European natural gas futures prices fell sharply. After the market actually digested the news of Russian natural gas shortage, European natural gas futures prices fell for a short time, even more than 25%. Since then, the decline in European natural gas prices has stabilized at around 17%. This situation makes many people afraid, because it is widely predicted that the price of natural gas in Europe will rise sharply, and no one expects that the price of natural gas futures will suddenly fall. This is news about European natural gas futures prices.
Although this range seems small, it is a good trend for Europe where natural gas prices are very expensive, because energy prices will affect all aspects of residents' lives and industrial production.