After two days of rise .. European natural gas prices lose their gains

Natural gas prices in European transactions fell in Wednesday’s trading after two days of rise, as the markets evaluate the uncertainty about the future of supplies, with the high weather in the northern hemisphere.
The price of standard futures decreased by 1%, to lose its weekly gains, but it is still 10% higher than its level at the beginning of this month.

Oil prices fluctuations

Prices were pressured as a result of oil prices fluctuations, in addition to the resumption of the LNG station in the United States operating its third tanks after closing it due to the power outages about 3 years ago.

Fears regarding supplies are still in place, especially as gas shipments decreased from Norway, the largest gas supplier in Europe, due to interruptions, and their decrease more this week amid seasonal maintenance work for gas supply network facilities.