The Covid pandemic and geopolitical issues are likely to be key issues for the energy prices in 2022. “What we have to have when we’re looking at these figures would be the economic debate on the use of all those commodities and the increasing demand,” Justin Urquhart Stewart, co-founder of Regionally in London, told New Europe, asked about the oil and natural gas prices for 2022.

“And then the second point is geopolitical because we have never seen so much political angles on this having such effect and obviously this particularly gas, Russia, Nord Stream 2 and the – unofficial not really talked about – intercountry blackmail but in terms of border with Ukraine and the gas prices. (Russian President Vladimir) Putin will play this very effectively over the next year. What impact that’s going to have on prices? I should expect to see prices probably rise,” Urquhart Stewart argued.

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