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Why Goldman Thinks European Natural Gas Could Halve in Early 2023

Why Goldman Thinks European Natural Gas Could Halve in Early 2023

Artwork by Elias Stein Text size Here’s a challenge to conventional wisdom, courtesy of Goldman Sachs : Europe has “resolved” its winter natural gas crisis, and prices could fall by half in the next six months. The cost of fuel has soared, setting records in Europe last month, just before Russia shut down the Nord …

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Natural Gas Prices Soar Wednesday in Futures and Spot Markets - Natural Gas Intelligence

Natural Gas Prices Soar Wednesday in Futures and Spot Markets – Natural Gas Intelligence

Boosted by late-season heat, domestic storage issues and robust global demand, natural gas futures rallied on Wednesday for a fifth straight session. October Nymex gas futures climbed 83.0 cents day/day and settled at $9.114/MMBtu, marking its biggest jump in the latest bull run. November gained 83.3 cents to $9.167. In short : NGI’s Spot Gas …

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