Gazprom Reaps Benefits of Price Rally

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Russia’s Gazprom keeps reaping the benefits of the high gas prices in Europe, while maintaining the pressure on the market into the winter. Gas prices will likely remain high in the next several months and possibly beyond due to low European stocks, which could lead to strong earnings in 2022, the company said during its third-quarter earnings call on Nov. 29.

Gas Supply, Gas Prices, Earnings
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