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The International Energy Agency (IEA) forecasts natural gas demand will fall sharply in Europe and slow down in Asia this year as gas prices have risen to record highs. The IEA report said that supply has not kept pace with demand, Gas Prices Gas Pump I Did That shirt plus unexpected shortages have made gas in the market scarce and prices increased sharply. Rising prices stifle demand for gas in the second half of 2021. The IEA said that, assuming normal temperatures, growth in the natural gas market is expected to slow due to high gas prices. As a result, the economy will also open up moderately.
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