Energy price stabilization “Oil and coal will take more time for natural gas after early next year”

As for the time when the recent surge in energy prices will subside, an analysis suggests that it will take more time for oil and coal after early next year, and for natural gas. The Bank of Korea reported on the 21st in the ‘Overseas Economic Focus’ data, “The recent surge in global energy prices is a combination of structural factors such as short-term imbalance in supply and demand in the process of overcoming the COVID-19 crisis and the implementation of carbon-neutral policies in a situation where energy transition preparations are insufficient.

Reference-www.hani.co.kr

Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *