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PXJ - Surging Energy Prices May Not Ease Until Next Year
Invesco Dynamic Oil & Gas Services
Soaring natural gas prices are rippling through global energy markets - and other economic sectors from factories to utilities.
An unprecedented combination of factors is roiling world energy markets, rekindling the memories of the 1970s energy crisis and complicating an already uncertain outlook for inflation and the global economy.
Spot prices for natural gas have more than quadrupled to record levels in Europe and Asia, and the persistence and global dimension of these price spikes are unprecedented.