European gas, LNG prices struggle to find a floor as funds shift position
The growing influence of hedge funds in the European natural gas and LNG markets has pressured market prices increasingly over the last year, with values sinking as the market now sees a shift in patterns ahead of winter. In a recent report on European competitiveness published Sept. 9, former Italian Prime Minister Mario Draghi also highlighted the impact of speculative…The growing influence of hedge funds in the European natural gas and LNG markets has pressured market prices increasingly over the last year, with values sinking as the market now sees a shift in patterns ahead of winter. In a recent report on European competitiveness published Sept. 9, former Italian Prime Minister Mario Draghi also highlighted the impact of speculative…Read More