Energy markets in 2023 - Focus on gas
2023 was a year of changes in the energy markets, particularly in the gas sector. From fluctuations due to internal dynamics to external disruptions, discover it in your new ebook!
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par - Article
- Publié le 31/01/2024
In 2023, the energy markets, especially gas, saw significant fluctuations driven by internal and external factors:
- European gas prices initially declined due to stable fundamentals but surged temporarily in March due to French nuclear issues.
- From June, prices rose due to various factors like LNG supply disruptions and coal price spikes. Strikes in Australian gas facilities further impacted prices, causing European prices to rise while Asian prices remained stable.
- Despite concerns over strikes and Middle East tensions, mitigating factors like ample EU gas stocks kept prices in check.
Overall, market dynamics remained complex, highlighting the need for a deeper understanding.
Download below our summary ebook to better understand the energy markets in 2023 and prepare for future trends.