Natural gas markets around the globe remain tight as uncertainty persists around Chinese LNG demand and further supply cuts by Russia. What’s in store for 2023 based off forecasting of Q1.
WASHINGTON-Even though U.S. natural gas production is forecast to increase by 4% year-over-year this winter, the Natural Gas Supply Association’s annual Winter Outlook projects upward pressure on natural gas prices compared with the 2021-22 heating season mainly because of the combination of below-average storage and an estimated 2% increase in overall demand. The NGSA report […]
