The EU launched its new LNG price benchmark on Friday in attempt to calm price spikes

<p>Info via Reuters:</p><ul><li>LNG prices in Europe have historically been pegged to the Dutch TTF gas hub price, which surged to record highs last year after Russia reduced pipeline gas flows to Europe. </li><li> The EU's aim is for LNG buyers and sellers to use the new benchmark as the basis for their contracts, instead of pegging them to volatile prices for pipeline gas.</li></ul><p><a href="https://ift.tt/EBKFR8T" target="_blank" rel="nofollow">Link here for more detail</a></p><p>OK .... </p> This article was written by Eamonn Sheridan at www.forexlive.com.

from Forexlive RSS Breaking News Feed https://ift.tt/Xy5ClgU
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