Gas Markets Remain Bearish As Inventories Rise At A Record Clip
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Gas Markets Remain Bearish As Inventories Rise At A Record Clip A couple of weeks ago, the International Energy Agency (IEA) warned that natural gas prices may spike again this winter, forcing governments to subsidize bills, again. The IEA’s executive director said: “In a scenario where the Chinese economy is very strong, buys a lot of energy from the markets and we have a harsh winter, we may see strong upward pressure under natural gas prices, which in turn will put an extra burden on consumers.” IEA executive director…
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