Dutch natgas drops briefly below 100 euros Monday as LNG heads to Europe; rebounding Tuesday; contango? really? (1)

Price rebounded Tuesday morning London time to 104 euros / MWh.

Monday

CarrZee: Contango through 3Q assumes European war to extend. What if it is over by May 9, the 77th anniversary of the defeat by Russia of real Nazis in the second world war?

Backwardation starts in 4Q.

Contango on Tuesday

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s