Nord Stream 2's subsea route will not allow it to escape EU competition law, placing in doubt the feasibility of the project, speakers said at a debate in the European Parliament.
Speculative traders have sharply cut their short positions in oil and gas futures in advance of the ‘emergency’ meeting of oil producers in Doha later this month.
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Mixed weather forecasts have forced the Henry Hub front-month futures price to trade in a narrow range so far in January. There is limited upside to the price in the coming week despite the United States being in the peak-winter period.