Liquid Natural Gas (LNG) cannot replace Europe’s reliance on Russia for heating fuel. Russia is a main supplier of both piped gas and LNG.
Markets are relying a quick resolution to the Ukraine war. A ‘sell the rumor, buy the news’ event has taken place so far this year. Is this move sustainable? Market Indicators are oversold so a decent bounce could be expected.
Watch our Friday Investment Talks Live on Facebook at 9PM Moscow Time