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Traders delay Russian gas imports as they expect cheap future deliveries

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The collapse in oil is a "huge incentive" for traders to buy as little Russian gas as possible now in favour of future deliveries, according to Citigroup.

London

Europe is accelerating withdrawals from natural gas inventories as traders delay imports of Russian fuel poised to fall with oil.

The amount of gas taken from storage sites in the 28-nation European Union rose 44 per cent from a year earlier since the heating season started

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