The market has opened lower than it closed yesterday due to a pickup in Russian flows but is it enough?

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The market has opened lower than it closed yesterday due to a pickup in Russian flows but is it enough?

As colder weather forecasts have driven increases since open and Wind forecasts have also moved lower day on day, impacting demand to the upside. It is clear to see that the pickup might not be enough.

The market remains sceptical as to whether the Russian pipeline flows into Europe will increase enough and in return have a positive effect on prices.

November 12, 2021, 9:35 am

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