2min chapter

The Macro Trading Floor cover image

The Oil Bull Market Is NOT Over | Andrew Simon

The Macro Trading Floor

CHAPTER

Is the Price of Electricity and Natural Gas Going Up?

The price of electricity and natural gas is slowly but surely moving back towards what i call the fundamental levelofof the price. Those levels are still out of league with anything that we've seen historically, but they are not as bad as a couple of weeks ago,. So if you ask me, i think we've seen the peak for now. Whether we've see the peak in this cycle depends a lot on what happens on the supply sigte and especially what happens in relation to t russian energy by the end of the day.

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