The Commodities: European Gas And Asian LNG Surge After Qatar Halts Operations

ING Economic and Financial Analysis5.21K FollowersFollow5ShareSavePlay(6min)CommentsSummaryOil markets traded higher yesterday following the escalation in the Middle East.Meanwhile, European gas prices surged after Qatar halted LNG operations.Gold and silver rallied sharply at the start of the week before reversing in afternoon trade following the weekend’s escalation between the US, Israel and Iran. Iuliia Antonova/iStock via Getty Images By Warren Patterson, Head of Commodities Strategy | Ewa Manthey, Commodities Strategist Energy - Duration of disruptions key for energy markets The oil market pared some of its initial gains yesterday, with Brent settling 7.26% higherThis article was written byING Economic and Financial Analysis5.21K FollowersFollowFrom Trump to trade, FX to Brexit, ING’s global economists have it covered. Go to ING.com/THINK to stay a step ahead. We’re sorry we can’t reply to individuals' comments.Content disclaimer: The information in the publication is not an investment recommendation and it is not investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.This publication has been prepared by ING solely for information purposes without regard to any particular user's investment objectives, financial situation, or means. For our full disclaimer please click here.