Oil
Recent developments in LNG and oil
At current prices, Europe can secure enough LNG to fill its storage facilities for next winter. However, if prices continue to fall, the continent will face competition for supply. And current developments in the Middle East are making oil prices volatile.
5/21/2025
"We think prices will have to stay at current levels or slightly above to stop LNG demand outside Europe," said Samantha Dart, co-head of global commodities research at Goldman Sachs, on Bloomberg television. "If LNG gets too cheap this summer, other buyers are likely to snap it up."Europe has taken in more LNG cargoes so far this year, partly due…
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