RE: Shell Sees LNG Boom Through 203016 Feb 2025 15:42
Nat Gas at 3.70 which is new resistance level.
From Guru Focus article .
Europe is on the brink of another energy crisis as natural gas prices have surged to their highest levels in two years. After enduring prolonged challenges with soaring bills, persistent inflation, and declining industrial activity, the continent is again threatened by a sustained rise in natural gas prices, which could lead to further economic hardship.
This winter, Europe's natural gas reserves are being rapidly depleted, making replenishment increasingly difficult.