Fri, 05 Jan 2024 10:38:49 GMT
Gas price recovery approaches 30.00%
Already prior to the US Federal Reserve Federal Funds Rate release on December 13, the price for natural gas bottomed at $2.23.
After the US Fed confirmed that it has ended its monetary tightening, the markets started to expect interest rate cuts. Lower interest rates would mean lower global borrowing costs and funds freeing up for consumption. This in