Industry fears ‘unintended consequences’ to Europe’s gas market if price cap introduced

Traders see European intervention to limit gas prices could lead to misallocation of volumes, higher demand and lower liquidity.

Last resort: Traders said that EU intervention on gas prices could alter market fundamentals and carry unwanted side effects. — Last resort: Traders said that EU intervention on gas prices could alter market fundamentals and carry unwanted side effects.Photo: REUTERS/SCANPIX

Davide Ghilotti

London

Published 27 October 2022, 13:33Updated 27 October 2022, 13:33

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