Europe Braces for Rising Gas Demand after Price Volatility Hits 2021 Low ...Middle East

OILPRICE - Economy
Europe Braces for Rising Gas Demand after Price Volatility Hits 2021 Low
source : OILPRICE ( Middle East ) () 18
So far in July, European natural gas markets have seen the lowest volatility in prices since 2021, but as summer temperatures peak in the coming weeks, demand is expected to rise, and so will the benchmark gas prices. In recent days, the historic 10-day volatility in European gas prices slumped to the lowest levels since September 2021, according to Bloomberg’s estimates. The low volatility followed a turbulent month of June, in which prices spiked due to concerns about disruptions to supply from the Middle East during the Israel-Iran conflict.…

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