European benchmark natural gas prices rose on Friday amid signals from China that it considers engaging in trade talks with the United States. A de-escalation of the tensions drove markets higher at the end of the week as traders and analysts weigh the possibility of less disruptive trade and lower impact on the economy.
Over the past month, European gas prices have slumped by 20% on warmer spring weather and higher wind and solar output, but also due to concerns that an escalating U.S.-China trade war would hit global demand for commodities,…Europe’s Natural Gas Prices Rise as China Hints at U.S. Trade Talks
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