IEA's Birol: Energy Prices Unlikely to Return to Pre-War Levels by 2027
Published 12 h ago3 sourcesEvidence: Reported
European natural gas reference prices surpassed €97/MWh, the highest since 2022, as storage levels for this time of year hit a 17-year low. The price surge reflects winter supply concerns and Middle East conflict uncertainty, though the exact supply-demand balance remains unclear.
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