Into The Vortex – Natural Gas Outlook with Winter on the Radar

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  • #46326
    TradersCom
    Keymaster

    International Energy Agency (IEA) Executive Director Dr Fatih Birol.

    Says the world is in the middle of the first truly global energy crisis.
    the decision from OPEC+ to cut output by 2mn bbl/day is a risky one, especially as several economies are on the brink of recession
    global LNG markets will tighten further in the next year as Europe’s imports will increase and demand from China may rebound

    #46107
    TradersCom
    Keymaster

    Natural gas prices in December fell last week on expectations for prolonged warm U.S. temperatures that would reduce heating demand. The Freeport LNG
    [See the full post at: Into The Vortex – Natural Gas Outlook with Winter on the Radar]

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