European Gas Plunges After Putin Says US Deal May Revive Flows [Yahoo! Finance Canada]
OMV AG BEARER SHS S/ADR (OMVKY)
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Source: Yahoo! Finance Canada
Most Read from Bloomberg The region has taken steps to cut its reliance on Russian gas since the invasion of Ukraine and receives only a fraction of its previous pipeline flows. But that hasn't stopped speculation over their return in recent weeks as US President Donald Trump ramps up efforts to end the war. “If, say, the US and Russia agree on cooperation in the energy sector, then a gas pipeline for Europe could be ensured,” Putin said at a briefing in Moscow, broadcast by Rossiya 24 state TV on Thursday. “And this will benefit Europe, as it will receive cheap Russian gas.” Whether Russian pipeline gas eventually makes a comeback in Europe is uncertain. The region has been drafting a plan to phase out imports of Russian energy by 2027, though t
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News
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- OMV Aktiengesellschaft (OTCMKTS: OMVKY) was upgraded by analysts at Berenberg Bank from a "hold" rating to a "strong-buy" rating.MarketBeat
- Europe Gas Plunges After Putin Says US Deal May Revive Flows [Yahoo! Finance]Yahoo! Finance