Europe Gas Follows Oil Lower as Energy Needs Seen Lagging Supply
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European natural gas edged lower as prospects for energy demand fail to keep pace with the outlook for supply.
Benchmark futures fell as much as 2.1% on Monday before paring paring some of those losses. Oil — to which some gas contracts are linked — fell on concerns of a global glut after OPEC+ agreed to increase output, adding to supply at a time when demand is challenged by the trade war.