2022 Energy Outlook
All things considered, 2021 was a pretty big year for the energy markets. Going forward, we may see crude oil fall from excessively high levels during the back end of 2022 as supply catches up with demand. Natural Gas inventories are low and we will probably see continued price increase well into 2022. With the Covid-19 pandemic still surging on it will be interesting to see how the energy markets react in 2022.
- Crude oil demand is expected to outpace supply at least throughout the first quarter
- As natural gas demand heats up and supply is still below normal levels, there is potential for profitability in this sector
- The ongoing situation in Russia will have a major impact on natural gas prices. Its something that all traders need to keep an eye on