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.



Related Posts

Ocean Freight Rates Take a Dive

Global import costs plunge following years of record peaks. In a new wave of economic developments, the American Journal of Transportation reports a noteworthy reduction