European Gas Set for Monthly Gain as Supply Prospects Tighten
European natural gas prices are headed for their first monthly advance since January amid a flurry of geopolitical developments and signs of a tighter market.
Benchmark front-month futures are set for a monthly gain of about 8%, even as the July contract traded slightly lower on Friday. In April, contracts had lost more than 20% on economic concerns stemming from the US-led trade war.
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