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Higher gas prices expected to nudge Canada’s inflation rate back near 3% in July, economists say

Inflation cooled down to 2.8% in June due to lower gas prices but the cost of filling up spiked again last month

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Why a Record-Strength El Niño Still Might Not Save Europe's Gas Market

Only an exceptionally strong El Niño will meaningfully ease Europe's LNG needs this winter, and forecasters currently rate that outcome as a long shot.

  • Strong El Niño may not sufficiently alleviate Europe's gas market needs this winter.
  • Market participants should consider a moderate warming effect as the current assumption.

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