1. Europe’s Gas Price Cap Might Backfire Soon- Members of the European Union have agreed to a gas price cap of €180 per MWh (approximately $56 per mmBtu) that could be triggered starting from February 15, 2023. – If the TTF front-month contract exceeds the suggested limit for three consecutive days and simultaneously if the exchange-traded spot price is €35/MWh above the reference European LNG price…
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