Europe’s Russian liquefied natural gas imports have hit a record high this year, reaching 16.5mn tonnes as of mid-December, despite the EU’s aim to reduce dependence on Russian gas. Spot market purchases of Russian LNG have increased, with 33% of EU imports under spot contracts this year. EU officials are working towards ending all imports of Russian fossil fuels by 2027, with plans to increase US imports as an alternative.
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Is the stock market open on New Year?
The UK stock market will be closed on New Year's Day, Wednesday, January 1, 2024. In 2025, the London Stock Exchange will observe certain holidays, including New Year's Day, Christmas Day, and Boxing Day, affecting trading hours. Investors can refer to the provided list of bank holidays to plan their trading activities accordingly. Full Article
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