RE: SP Angel conclusion8 Oct 2025 14:03
Mayf, to answer your question, with winter approaching and nearly all European and many other large countries (now under sanctions from the USA), which were importing gas from Russia, and more recently, an increasing number of countries starting to import large quantities of LNG, it is extremely likely that the higher gas and oil prices, seen now, will be sustained for a very long time, and will possibly even increase substantially longer term, as older USA fields fade. The gas supply/consumer balance can tip very quickly, especially considering the present number of worldwide high supply risks that actually presently exist , notwithstanding the winter weather approaching. All factors considered it doesn't bode well for gas prices to remain sustainably lower than they are now.