By Mathew Carr
March 4, 2022 — Summer 2022 Dutch natural gas prices rose above a record 200 euros a MWh today, a crazy high level, as traders are panicking rather than thinking about supply and demand fundamentals, according to the experienced analyst in a huge energy company, speaking by phone.
European carbon allowances have fallen to 65 euros from near 100 euros a few short weeks ago. “I think it’s oversold. It’s a great opportunity to buy in,” the analyst said.
Traders use futures and options markets to make quick directional profits in commodities markets.
200 euro summer gas
(These are ideas, not investment advice. Please do your own research if putting real money at risk.)