Natural Gas Prices Could Spike As Europe Braces For Its First Cold Blast

After months of rollercoaster moves in European nat gas prices as energy producers and traders jockeyed for position ahead of what could be a brutal winter, all bets are now off as Europe is set to get its first cold blast of the winter season, putting the continent’s already scant energy supplies under pressure. According to Bloomberg, temperatures are set to slide starting next week, with parts of Italy forecast to experience weather as much as 2 degrees Celsius below normal. Southern France, Spain and Germany are also forecast to…