Global Gas Glut Projected to Reach Multi-Decade Highs, Warns Morgan Stanley
Tuesday, 2 April 2024, 05:08
Global Gas Glut Forecast:
A recent report by Morgan Stanley has projected a significant surge in the global gas surplus, potentially reaching multi-decade highs. The forecast is attributed to a warmer-than-normal winter that has dampened demand for heating and consequentially led to an oversupply of gas in key LNG consuming countries.
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