The European gas market in recent weeks has been dominated by falling gas supplies and, by extension, rising prices. As a result, politicians are experiencing increasing pressure to intervene in the markets. This may manifest itself, for example, in a gas price cap or an expansion of the filling task for gas stocks. These measures, when not accompanied by appropriate policies on the demand side, can create a driving effect on price.
In oil markets, Biden's sanctions in the final weeks of his presidency caused a brief spike in prices. In addition, Trump's threats of tariffs on oil and gas caused a stir. Hans van Cleef discusses these topics, and more, in the latest episode of Studio Energy with Remco de Boer. Listen to the entire podcast here.
