While plenty of traders have accused Russia of withholding natural gas from Europe, it is now looking like the natural gas giant simply cannot significantly increase exports Natural gas prices originally fell when Putin promised to open the taps, but prices are climbing again now that Russia is failing to book additional pipeline capacity While Russia could build out the infrastructure to provide more gas, it would need guarantees of long-term demand in the form of new contracts Natural gas prices have been ceding ground with the selling pressure primarily driven by the delayed onset of winter and weak cash pricing. Natural gas prices were quoted at a seven-week low of $4.77/MMBtu on Monday’s intraday session, 23% below the 13-year high they attained a month ago. The gas selloff kicked off about five weeks ago after Russian President Vladimir Putin promised to open the taps in a bid to […]