The One Commodity That Won’t Stop Soaring ...Middle East

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The One Commodity That Won’t Stop Soaring
source : OILPRICE ( Middle East ) () 16
While crude oil and other commodity prices have plunged in the past week amid growing fears of recession and less liquid markets in the summer, one commodity is bucking the trend and continuing to rise—European natural gas.  Benchmark gas prices in Europe at the Dutch TTF hub hit their highest level in nearly four months earlier this week. Prices have shot up by a mind-blowing 700% since the beginning of 2021. And we likely haven’t seen the biggest rally yet, analysts say.    Europe’s Gas Prices Buck The Trend…

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