Threat of war, quakes and Brexit can't stop EU gas plunge

London

EVEN after three years, there's still no sign that the slump in European natural gas prices is about to end.

Front-month contracts for the fuel are trading near six-year lows in the Netherlands and the UK, while Citigroup to Marex Spectron Group and Vattenfall AB predict further declines.

Prices barely flickered last week when Ukraine, the largest transit country for Russian gas to the EU, warned of the potential for full-out war with its eastern neighbour and Europe's biggest supplier. Traders had already shrugged…