Oz Blog News Commentary

Global energy deflation builds

November 30, 2023 - 10:00 -- Admin

Global energy deflation is building. LNG is abundant in Europe: Prices are breaking down: US prices are following: Asian prices are breaking down: A cold northern winter could arrest this for a short time, but the underlying gas glut will otherwise express itself. And tip into coal: Australian gas prices are also down: Again crashing

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