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Natural gas may be first to offer a hint when Russia-Ukraine peace deal is near - MarketWatch

1. Russia agreed to a temporary ceasefire in energy attacks, easing geopolitical risks. 2. Natural gas futures may signal credible peace, impacting TTFC00 significantly. 3. Cheap Russian gas flow into the eurozone could pressure TTFC00 prices. 4. U.S. liquified natural gas exports will face competition from Russian supplies. 5. Recent declines in TTF prices indicate market reactions to potential peace.

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FAQ

Why Bearish?

The potential increase in cheap Russian gas supply may lower TTF00 prices significantly. Historical precedents show such geopolitical shifts often result in price drops for affected futures.

How important is it?

The ceasefire can fundamentally shift natural gas supply dynamics, affecting TTFC00 significantly. Market sentiment around energy futures is highly sensitive to geopolitical developments.

Why Short Term?

The immediate market reaction to the ceasefire will likely be seen in the coming weeks. Previous instances of similar agreements led to rapid price adjustments.

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