WHC 0.67% $7.36 whitehaven coal limited

Target $18.72, page-6251

  1. 1,563 Posts.
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    bbc.com T. Espiner 3.7.23 said

    "He (IEA F. Birol) said this winter "we cannot rule out" another spike in gas prices.

    "In a scenario where the Chinese economy is very strong, buys a lot of energy from the markets, and we have a harsh winter, we may see strong upward pressure under natural gas prices, which in turn will put an extra burden on consumers," he said...

    The Chinese economy had been bouncing back after Covid restrictions were lifted, but recently its economy has been slowing down...

    He (F. Birol) said he "wouldn't rule out blackouts" this winter as "part of the game".

    "We do not know yet how strongly the Chinese economy will rebound," he said".


    https://www.bbc.com/news/business-66061853
 
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