More gas from Russia – prices down

Wholesale gas prices fell in Europe on Tuesday after Russian gas flows resumed to Germany, raising hopes that Moscow is carrying out a pledge to increase supplies and ease concerns about shortages and high prices before winter. Russia started pumping gas to Germany again late on Monday via a pipeline from Yamal in Siberia, a day after a halt in exports had pushed up prices in Europe. The gas flows later rose to their highest level in almost two weeks, German data showed.

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