Long
Gazprom breaks out
Gazprom breaks out of his sideward channel very strong.
It may soon target old highs pre corona pandemic.
Very important news here: dw.com/en/nord-stream-2-biden-says-sanctions-counterproductive-to-us-european-ties/a-57664272
And there seems to be also movement towards russia: time.com/6053298/putin-biden-summit/
So a opportunity cloud be that russia can move more western... but nothing is sure in that case. The nord stream 2 action from Biden is in my eyes an offer to putin for a peaceful future and that could impact Gazprom for sure.
And natural gas is key technology for electric cars, even forbes already shows 2018: forbes.com/sites/judeclemente/2018/01/24/more-electric-vehicles-mean-more-coal-and-natural-gas/?sh=1d250d3d2a37
And with a target to have more electric cars in europe: reuters.com/article/us-climate-change-eu-transport-idUSKBN28E2KM
a need for gas in europe is assumable.
It may soon target old highs pre corona pandemic.
Very important news here: dw.com/en/nord-stream-2-biden-says-sanctions-counterproductive-to-us-european-ties/a-57664272
And there seems to be also movement towards russia: time.com/6053298/putin-biden-summit/
So a opportunity cloud be that russia can move more western... but nothing is sure in that case. The nord stream 2 action from Biden is in my eyes an offer to putin for a peaceful future and that could impact Gazprom for sure.
And natural gas is key technology for electric cars, even forbes already shows 2018: forbes.com/sites/judeclemente/2018/01/24/more-electric-vehicles-mean-more-coal-and-natural-gas/?sh=1d250d3d2a37
And with a target to have more electric cars in europe: reuters.com/article/us-climate-change-eu-transport-idUSKBN28E2KM
a need for gas in europe is assumable.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.