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8th Jul 2022 15:15Eurozone, Daily Monitor

Gas prices likely will rise further as markets come around to the idea of sustained Russian supply cuts.

The weaker euro will keep energy inflation elevated, despite the recent fall in oil prices.

A price cap on Russian oil will be difficult for the West to enforce in practice.

deflation depreciation electricity energy energy inflation eu euro exports fuel futures prices g7 gas prices germany imports inventories italy July June May oil oil imports oil price oil prices petroleum q3 q4 russia September summer transport u.s. us usd weather winter

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Keywords for: Taking Stock of the Energy Situation in Europe, Again

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