A softening in near term gas and power prices, but winter still holds up
In this episode you will learn:
- Softening of near-term pricing while winter prices hold.
- Economic data impacts oil prices, despite OPEC cuts.
- With LNG delivery at record levels, do falling prices risk supply being diverted to Asia?
- While supported in recent weeks with increased rainfall and wind power generation, sensitivities around the impact of a mild winter on hydro remain.
- If the Russia and Ukraine war escalates, risk remains over LNG supplies to Europe.
- As energy prices in Europe fall, is a recovery in industrial demand underway?
- UK energy intensive industries are advised to explore government support now.
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