Gas prices slide 15% in past week as crisis eases  

Mostly mild weather this winter and efforts to save energy are helping ease a historic energy crisis in Europe

Reduced demand and ample LNG flows have kept the continent's gas stockpiles far above seasonal averages, and fuel prices have slumped from last year’s peaks.

European wholesale gas prices headed for a weekly loss on forecasts for milder weather and large stockpiles. 

Prices from February through the summer months rose slightly in the latest session to €55.75 per megawatt hour, but down 15% in the past week, and compared with €77 in early December.