How 2016 pans out for European gas markets will be interesting to watch, as hub prices drop to levels that barely seemed possible just a short while ago. Market fundamentals are weak, with the European and global markets oversupplied.
The start-up of new global supply from LNG is likely to lead to more tankers carrying the fuel docking at European terminals. European storage sites remain quite full in the face of weak demand, as this winter is notable for its relative mildness. Meanwhile, the downside of Brent adds to the bearish pull on gas contracts.
What will happen next?
Examine how these changing market conditions have impacted European gas markets, with expert analysis of the likely market outlook for 2016.
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