Natural gas futures prices rose as much as 20 percent, their biggest daily rise since March amid signs of a shortage of liquefied natural gas supplies in markets as demand in Asia is likely to recover.
However, gas prices in Europe are still about 60 percent lower this year and still well below last year's levels when Europe suffered its worst energy crisis following Russia's invasion of Ukraine in late February last year.
Europe is still trying to get out of a historic energy crisis magnified by Russia's supply cuts to Europe in response to Western sanctions imposed over the invasion of Ukraine.
Source (Asharq Al-Awsat Newspaper, Edited)
