• OMV: Gas deliveries expected to resume as planned after Nord Stream 1 maintenance

Market news

18 July 2022

OMV: Gas deliveries expected to resume as planned after Nord Stream 1 maintenance

A spokesperson for Austrian energy firm OMV said on Monday that they are expecting the maintenance work on Nord Stream 1 to be completed as planned and added that deliveries are also expected to resume afterwards, as reported by Reuters.

Market reaction

Risk flows continue to dominate the financial markets after this headline. As of writing, Euro Stoxx 600 Index was up 1.15% on a daily basis. In the meantime, the EUR/USD pair continues to trade in positive territory near the 1.0150 area.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.