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gas prices
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- 1Europe's seasonal gas storage trade is breaking down▼For decades, traders have bought cheap gas in summer, stored it and then sold it at a higher price when needed to ensure
For decades, traders bought cheap gas in summer, stored it, and sold it at higher winter prices, guaranteeing Europe's heating supply. That model is now unravelling. The usual seasonal price gaps that made storage profitable have narrowed or disappeared, undermining the incentive to fill underground facilities and raising concerns about how the continent will secure winter fuel.