EU utility pain worsens as Russian gas jumps most in 7 years
The International Monetary Fund reports that rates for Russian fuel at the German border made a big jump last month and analysts say that they may increase even further.
BY ELENA MAZNEVA, BLOOMBERG
Rates for Russian fuel at the German border last month jumped the most in seven years, extending their gain since September to almost 50 percent, according to the International Monetary Fund. The price of fuel from Moscow-based Gazprom PJSC may increase further even as prices on traded hubs decline, according to analysts including Deutsche Bank AG.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Gazprom delivers bottom line bonanza during oil crisis
For subscribers
.jpg&w=384&q=75){kind=logo}
