“Calmness” seems to be prevailing in the markets at this time, possibly due to the news that Russia is withdrawing its military units from areas around Ukraine.
At 94.72 euros the barrel is traded Brent at 93.45 per barrel crude at 76 euros per gas.
In this climate, European stock markets are rising on Tuesday. The General Price Index on the Stock Exchange recorded an increase of 0.93%, Frankfurt at + 1.06%, the London Stock Exchange at 0.72%.
“Riddle for strong solvers” will be for the government a possible Russian attack on Ukraine, a scenario which seems more and more likely the last twenty-four hours. A Russian-Ukrainian conflict is expected to boost energy prices at a difficult time, causing strong inflationary pressures.
However, in terms of the country’s ability to meet its energy needs, even in the event of escalation of tension in Ukraine government circles appear reassuring.
Gas and electricity prices in Europe jumped more than 10% on Monday in the shadow of the escalation of the Ukrainian crisis and the lack of strategic European reserves.
Gas reached up to 88 euros with an increase of 14% earlier, and plus 8% over 83 euros per megawatt hour. At this time the natural gas has reached 81.75 euros.
Brent got up and at $ 96.16while futures for coal in Europe rose 1.4% to $ 115.50 a tonne.
Brent is currently trading at $ 94.23 a barrel while Argo is trading at $ 92.95 a barrel. At 1.96% the losses in the British Stock Exchange, a fall of 3.23% in the German Stock Exchange and losses of 1.27% in the French. A fall of 3.25% to 939.50 points is recorded at 1.40pm and on the Athens Stock Exchange with a turnover of 70 million euros.
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