ENERGY CLIFF… EUROPE’S NEXT ENERGY CRISIS: Low Natgas Prices & Surpluses Turning Back Into High Prices & Shortages
All the Stars aligned nicely for Europe this winter and early spring to survive an even worse energy crisis this year. So, what for 2023 and into the coming winter? Good question. If we look at the natgas market, don’t count on higher natgas prices yet, unless we have some sort of exogenous event..