Miriam Dalli’s unhedged and naked purchase of gas indexed at oil market prices is in the red compared to US Natural Gas futures.
The last update is here.
Price comparisons are dated as of April 12th.
Brent Crude: -15%
Natural Gas (US): -26%
Natura Gas (Dutch EU): +12%
Gas storage in Europe is full and Nordstream flows have been completely replaced.
The US intends to push the oil price down to $72 but OPEC is making efforts to prevent this from happening as Saudi Arabia and Russia struggle to keep the oil price up.
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