A slight rise in European gas prices after cancellation of Trump Dubs

The prices of natural gas in Europe have risen slightly in the midst of speculation that the US Court’s decision to stop President Donald Trump’s fees could increase the energy of the energy. Standard future contracts rose 0.9% on Thursday, which is the last day of trading for the June contract. The market is still volatile, even in light of the low trading volume due to a public holiday in most parts of Europe. Gas prizes have seen serious fluctuations since Trump announced on April 2 of what so -called mutual fees are within a large executive order. The vast majority of these fees were considered illegal on Wednesday, urging the US Department of Justice to submit an application to appeal the ruling. The trade war has negatively affected global economic growth expectations and energy consumption. More competition for gas for Europe, which is a clear energy importer, as the court’s decision can mean that it will have to compete more seriously with other buyers to obtain fuel, which can complicate the efforts to fill gas supply before the winter. With the beginning of the summer in the Northern Hemisphere, Europe may also have to face the increase in consumption in Asia, as the increasing demand for cooling increases the intensity of competition for the liquid natural gas transferred by sea. Currently, China meets most of its needs through local production and imports by increasing pipelines. Norway resumes supplies on supply side, gas flow has begun from the largest provider of Europe, Norway, gradually rising after a period of seasonal maintenance work. However, sudden maintenance work continues in the giant -“Troll” field in Norway, and the activities are expected to be fully resumed on Friday. The Dutch future contracts have also risen to the nearest month, which is the reference for gas prices in Europe, by 0.444% to 36.85 euros per megawat-an hour at 09:02 Amsterdam.