European natural gas prices have surged nearly 18% after a pipeline capacity auction showed no increase in volume from Russia. The European continent acquires more than a third of its gas supply from Gazprom, but a long winter has drained the storage facilities from both Russia and the European Union. An article published by Seeking Alpha highlights the growing gas shortage faced overseas.

To read the article, Click Here.

Share:

Facebook
Twitter
LinkedIn
Email

Related Posts

Mortgage Rates, Fed Rates Off Key

While the 30-year Mortgage Rate will commonly trends alongside the Fed’s target funds rate, that trend hasn’t followed suit in recent weeks. Following speculation about