Following todays short term energy outlook, spot average prices forecasted around $2.11/MMBtu for 2020, and an average of $2.22/MMBtu for the Q3 2020 even with the coronavirus effect and global economy uncertainties; we may then see a bit of price recovery due to the falling of the oil prices, the assumptiom comes due to the fact that the oil companies in the...
Area of working during the current situation, between 10.78x and 10.9x. Strong hit after the drop of oil prices but the Oil is still with a window to drop further and it would put more upward pressure on the pair, CPI of Norway came at 0.9% and Producer price index at -9%. EURNOK: No signs to drop below the current historical new ranges, so far.
