bearish

Natural Gas

Global FX, Commodities and EM: Implications of Russia-Ukraine cease-fire

280 Views17 Feb 2025 17:08
Podcast
SUMMARY
  • Baseline assumption of ceasefire between Russia and Ukraine in Year Ahead outlook published in November
  • Potential for restarting Russian pipeline gas flows to Europe as part of negotiated end of conflict
  • Estimated additional 40 bcm per annum of supply to Europe, impacting TTF price forecast in 2025

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