Are winter prices starting to ease? The Beacon, 10/11/2021
The Headline: Prices through the winter drop on stronger North American fundamentals, but European gas prices continue to hold the market high.
The Bottom Line: Seasonal weather forecasts and improving storage and rig count numbers helped to lower prices in Q4 2021 and Q1 2022. Longer term prices, however, continue to creep higher, suggesting long-term pessimism about the global energy supply post-COVID. Talk to Lighthouse before taking any action – a mistake on a buying decision in this market could be expensive.
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