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MacroVoices #347 Ole Hansen: Commodities Can Go Up Even In Recession

Macro Voices

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Gas Prices in Europe - Is the Gas Price Going Down?

We just got very lucky with autumn weather that's not going to last. I think in order to get lucky we need to see a gas price is natural natural gas prices drop well below 100 because the long-term average is less than 20. The biggest challenges are first of all obviously the weather whether we hit a very cold winter so far there are no signs of that but January February is normally time of year where that happens and then also if we do see a revival in in in China leading to a bigger demand forGas.

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