Global LNG Prices May Rise This Winter on Low Stocks
Global liquefied natural gas prices could increase this winter as Europe faces historically low storage levels. Meanwhile, ongoing supply disruptions in the Strait of Hormuz heighten international competition for available energy supplies.
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Global Natural Gas prices could spike by a third this winter as Europe holds its lowest storage levels in years. North Asian buyers now face intense competition for available supplies following the closure of the Strait of Hormuz.
