RE: Silence8 Dec 2021 12:32
Meanwhile
Gas prices rise further as Norwegian field cuts output
Sticking with energy troubles, natural gas prices have risen further this morning after one of Europe's largest fields cut output due to a fault.
Shipments from Norway are expected to slump by almost 13pc after the Troll field suffered an unplanned outage.
Benchmark Dutch gas prices rose as much as 9.6pc. The UK equivalent is up 9.2pc .
The outage piles further pressure on prices at a time when supplies are already tight. Worries have been growing over winter supplies from Russia as tensions with the US mount over a potential invasion of Ukraine.
Tom Marzec-Manser, an oil analyst, told Bloomberg: "Given the outage length is uncertain, this has added yet more risk to the benchmark price."