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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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