Winter Is Colder This Year and That's Good for Energy Prices
Winter Is Colder This Year and That’s Good for Energy Prices Bloomberg 1/6/2021 Bloomberg News (Bloomberg) -- Freezing weather that’s gripped large parts of the northern hemisphere is delivering a winter blessing for oil, gas and coal prices as suppliers meet a surge in heating demand. Popular Searches Temperatures across much of Europe and Asia are well below normal and forecasters expect them to stay there for most of January. The chill is supporting oil prices, which are holding above $50 a barrel, while the profit from turning crude into diesel climbed in Europe to t...
Source: msn.com