Tight trading range could present covered future premium collection.... Initially was adding long /NG futures but looking at the range decided to sell some premium on top of it. TODAY earlier in the day combined Long /NG MAY contracts and sold May 2.20 Calls ... 2.00 Support holding and 11 days to maybe move up and sideways and collect premium...
Putin threatens Europe with fresh gas crisis Rachel Millard Wed, April 19, 2023 at 2:13 AM GMT+8 In this article: NG=F -0.04% Vladimir Putin - GAVRIIL GRIGOROV/SPUTNIK/KREMLIN POOL/POOL/EPA-EFE/Shutterstock Russia has warned Europe that it faces a fresh gas crisis next winter as it scrambles to restock reserves as Vladimir Putin launches a new attempt to weaponise energy. Gazprom, Russia’s state-owned gas supplier, said Europe had made it through winter despite cuts in Russian gas supplies owing to mild temperatures but warned there “is no guarantee that nature will make such a gift” again. In a statement on Twitter, it said restocking for next winter would not be easy, blaming “politically motivated decisions aimed at halting the imports of Russian pipeline gas”. ______________________________________ That is why the NG price went up even though winter is still far away