The winter that never was

Never say never, but is winter over before it even started? | EU LNG chart deck: 13-24 Nov 2023

Is this the start of winter, or is it already over? Prompt gas and LNG prices are flatlining amid muted buying activity, even as northern hemisphere temperatures drop. But benchmark contracts for delivery next spring and summer are rising, indicating a focus on the restocking season — when brimming EU storage levels will have had a chance to deplete. Fo…