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Flagship Energy’s Tejal Shah Energy Markets Update – 22nd May 2025
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Flagship Energy’s Tejal Shah Energy Markets Update – 22nd May 2025
After rangebound movement seen over the last few weeks, upside volatility has once again been prevalent in the UK and European gas markets. Prices rose to 6-week high supported by higher Norwegian maintenance, slightly cooler temperatures, worries about Ukraine peace talks and unrest in the Middle East. Norwegian gas flows to the UK and Europe plunged to 160 million cubic metres per day on Wednesday, just half of the usual volumes, amid planned …
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