Analytical Reviews

Get the latest economic news from ForexMart, including updates on the financial market, central bank policy announcements, financial indicators, and other relevant news which can impact the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

The expert called the real reason for the gas prices rise in Europe


December, 22 2021
watermark Economic news

Experts note that the European Commission has found no evidence of Russia's guilt in the cosmic increase in gas prices in Europe, while the pursuit of green energy in the region strongly affects the rise in fuel prices.


Earlier, Poland, which opposes Nord Stream-2, appealed to the EC to check Gazprom's activities for signs of market manipulation for financial and political gain. After a number of inspections, Brussels announced a lack of data to bring any charges against Moscow.


Analysts believe that the reason for the problems with gas was not so much Russia's actions as the discord within the European Union itself. The fact is that Brussels has decided to abandon state support for the sector of fossil fuels that pollute the environment. The only exceptions will be those projects that will be useful when Europe gradually abandons coal. 


At the same time, different European countries also had different views on ways to replace non-ecological energy sources, which divided the European Union into at least two parts. For example, France is in favor of nuclear energy, and Germany is against it.


As you know, gas has been gradually getting more expensive since the second half of spring this year, but since autumn, quotations have risen sharply to record levels above $2,000. Experts also attributed the sharp jumps to the low level of occupancy of European underground storage facilities, a reduction in supply from major suppliers and high demand for LNG in Asia.


コメントする

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.