BBCNEWS BBC News June 4, 2024 13:09:00
Prices have reached record levels ten days ago once the three—day maintenance period or nord stream 1 been announced. as late as yesterday evening people expected the public to come up back up and that had given the market a certain amount of confidence and we think some of the heat coming out of those prices. the other thing going on is they have been a lot of discussions in europe in the european commission about measures they can take to cap power prices and, again, traders are responding to that. now that russia has decided the pipeline will not going ahead, we could see another uptick i...