Natural Gas Futures
Long

Natural Gas

290
Gas prices fell after the Russian gas price ceiling was set. The same situation was in the oil market. But now we see that the price of oil has gone up. Because the President of Russia refused to sell oil to those countries that supported the embargo. This has led to an artificial shortage in the market. A similar situation awaits the gas market! Because the industry in such a short period will not be able to rebuild its capacities for alternative energy sources. In addition, Russia was the largest gas supplier in Europe. And cutting off supplies will create a shortage anyway. While the US is doing its best to replace Russian gas, it still needs a transition period so that America can provide the necessary volume of raw materials. Especially now the heating season is in full swing and gas consumption has increased significantly.

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