Gas prices in Europe took a dive on Wednesday as faulty data suggested that Russia’s Nord Stream 2 gas pipeline had started flowing. In a digital age that is rather reliant on all sorts of data, commodity pricing can be at the mercy of data accuracy. That data failed the nat gas market on Wednesday, when Germany’s natural gas infrastructure operator Gascade erroneously reported data that suggested gas had already started flowing from the highly contentious Nord Stream 2 pipeline.
Construction on Nord Stream is indeed nearing completion,…European Gas Prices Slip 10% On Faulty Data
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