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What is Natural Gas Prices Hit $190 Oil Equivalent about?

Natural gas prices in Europe and Asia have surged to levels equivalent to $190 per barrel of oil, driven by a global energy crunch and low inventories ahead of winter. The price of Dutch gas reached a record high, while the Japan-Korea Marker for liquefied natural gas also hit an all-time high. This crisis is exacerbated by pandemic-related supply issues and increased demand as economies recover.

Author

amey.khanzode

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EN