The world’s natural gas traders are hoping for a brutal winter to help sustain a price rally back from a record-setting slump. Fresh in their minds are memories of the previous two winters, when milder temperatures curbed consumption, leaving inventories brimming and spot prices reeling. Suppliers and traders fear recent gains, which are expected for this time of year, could be erased if colder weather doesn’t materialize to help solidify demand. Benchmarks for liquefied natural gas in North Asia and Europe have only recently returned to pre-pandemic levels after trading near historic lows for most of the year. The rally has been supported by unplanned outages and canceled deliveries, coupled with a tepid increase in spot buying as some of the biggest economies recovered from […]