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European Gas Prices Edge Higher as LNG Demand Picks Up

By Elena Mazneva

European Gas Prices Edge Higher as LNG Demand Picks Up

European natural gas prices moved higher as demand for seaborne fuel picks up following a drop earlier this year.

Benchmark futures advanced after closing 1.4% lower a day earlier. Flows from terminals that import liquefied natural gas in northwest Europe rose to the highest since April earlier this week, grid data compiled by Bloomberg show.

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