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Gas Storage and Swing Report – May

Following the gas price rally in April, the gas prices continued their upward price trend in May, especially for delivery in the nearby months. For example, the forward prices for delivery in 2018 went up by 2 €/MWh on TTF and 5 p/th on NBP. This is visible in the forward curve graphs, but also reflected in the higher strike prices for the Q1-19 indexed swing products. Source: Kyos

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