The price of Natural Gas is going down in parallel with Crude Oil. I understand that the price of Crude Oil is going down due to less demand for production in industrial countries. The demand for raw material has been reduced. Natural Gas is used as a source of energy. The demand for heating houses in winter has been reduced?
Why the price of energy is falling down?
I understand that part of these energy resources are used for industrial applications which are in recession, but public demand for energy should not be affected by the economic recession.
Why the price of energy is falling down?
I understand that part of these energy resources are used for industrial applications which are in recession, but public demand for energy should not be affected by the economic recession.