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Gas Market Report

NORTH WEST EUROPE: Oscillating crude has driven the propane large cargo market over the last week with prices ranging between the $810s up to the $840s. However, buying for November appears to be dormant except for the specialised handy market which although is not extensive it is still present. Hopes of colder weather approaching to start creating space in storage is tempered by rumour and speculation that imports into NWE will keep a cap on the prices but importers are keeping their options open until the last minute.

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