EU Natgas trading at an oil-barrel-equivalent price of $333 EU Natgas prices are trading at an oil-barrel-equivalent price of $333.... zero hedge july 26th
For more context, European NatGas 1m forward is trading at a massive $48 spread over front-month US NatGas futures - almost 5x its historical peak.
Not a political comment --- Metal smelters in europe look like they will be shutting down before long...Zinc copper lead and the substantive silver byproduct from the smelting are kaput...