{"id":356529,"date":"2024-09-26T17:59:04","date_gmt":"2024-09-26T12:29:04","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=356529"},"modified":"2024-09-26T17:59:04","modified_gmt":"2024-09-26T12:29:04","slug":"gas-price-stability-remains-elusive-rabobank-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/gas-price-stability-remains-elusive-rabobank-crypto-news\/","title":{"rendered":"Gas price stability remains elusive \u2013 Rabobank &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>European gas demand is down 10% y-o-y due to weak demand from the power and heating sector, while industrial gas demand remains flat, Rabobank\u2019s commodity analysts note.<\/p>\n<h2 class=\"fxs_headline_medium\">Geopolitical tensions continue to drive price volatility<\/h2>\n<p>\u201cA colder-than-usual winter will increase heating demand and competition for LNG, but Europe is unlikely to come out as the premium global gas market. Higher winter heating demand also poses a new risk for 2025, as it will force Europe\u2019s LNG imports to rise again!\u201d<\/p>\n<p>\u201cGeopolitical tensions, particularly around Russian gas deliveries and Middle Eastern conflicts, continue to drive price volatility. Speculative positioning has also influenced recent price movements, with the potential for further sell-offs depending on geopolitical developments. We still expect TTF gas prices to average \u20ac38\/MWh in Q4 and \u20ac36-37\/MWh in winter 2025\/2026.\u201d<\/p>\n<p>\u201cThe European carbon market is closely following price variations of the TTF gas market, while geopolitical risks remain the key drivers for volatility. Elevated gas prices are driving demand for more carbon-intensive coal-fired power plants and consequently EU Allowances (EUAs) this winter. We <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\" data-fxs-autoanchor=\"\">forecast<\/a> EUA prices to range \u20ac68-71\/t CO2e in Q4.\u201d<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>European gas demand is down 10% y-o-y due to weak demand from the power and heating sector, while industrial gas demand remains flat, Rabobank\u2019s commodity analysts note. Geopolitical tensions continue to drive price volatility \u201cA colder-than-usual winter will increase heating demand and competition for LNG, but Europe is unlikely to come out as the premium [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":14550,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,351,257,729,1019,255,250,252,247,253,249,256,254],"class_list":["post-356529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-commodities","tag-cryptocurrency","tag-energy","tag-gas","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/356529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=356529"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/356529\/revisions"}],"predecessor-version":[{"id":356533,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/356529\/revisions\/356533"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/14550"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=356529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=356529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=356529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}