Traders are hoarding gas at sea so they can cash in once prices surge over Europe's winter supply squeeze: report - The Great Awakening

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Traders are hoarding gas at sea so they can cash in once prices surge over Europe's winter supply squeeze: report (markets.businessinsider.com)

posted 2 years ago by pepperonishoes 2 years ago by pepperonishoes +67 / -0

Traders are hoarding gas at sea so they can cash in once prices surge over Europe's winter supply squeeze: report

Europe's power utilities are also turning to offshore LNG storage as onshore facilities max out, Bloomberg reported, a rare move.

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– Lawjic 1 point 2 years ago +1 / -0

Isn't this a good thing? The supply will be released to market when needed most. The invisible hand.

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