05.03.2014 - Ukraine crisis: Europe’s stored gas high as prices soar
Gas and oil prices have risen amid fears the Ukraine crisis could have a damaging effect on one of Europe's main energy supply routes. But analysts say high European gas stocks will limit the turbulence. Gas futures climbed by up to 10% in early trading, while the benchmark price for oil rose by more than 2%. Traders are worried about the stability of supplies from Russia, which provides a quarter of Europe's natural gas, half of it through Ukraine...............................................Full Article: Source
Print