11 Hrs
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الاقتصادية
Source: الاقتصادية
11 Hrsالاقتصادية
Source: الاقتصادية
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Rystad Energy expects LNG prices to remain above $30 per million British thermal units, with geopolitical risks in the Middle East and the Strait of Hormuz, along with intensifying competition for cargoes, continuing to put pressure on the market. Europe’s low inventories are making the market more sensitive: EU storage facilities were 72.65% full on November 7, compared with 59.21% in Germany. But high prices are not inevitable, as recovering supplies and milder weather could ease demand. The company expects US gas prices to remain lower, peaking at around $4 per million British thermal units during the winter.
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