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2022/11/11 / Erste Group Research

Energy markets remain difficult to assess

What will happen to gas prices, which also determine electricity prices? In addition to political decisions in Russia and China's gas demand, energy markets will track the level of storage filling in Europe. The level of filling in the spring will be an important indicator of European gas demand in the coming spring and summer. The outlook is conceivably uncertain. While the International Energy Agency is urging Europe to reduce consumption more, prices on the futures market for gas are steadily declining, even for maturities that extend beyond the coming winter.


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General information

AuthorErste Group Research
Date2022/11/11
Languageen
Product nameWeek ahead
Topic in focusMacro/ Fixed income
Economy in focusEurozone, United States
Currency in focusEuro, US Dollar
Sector in focus-
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