Energy markets are at a turning point as analysts predict changes in gas prices through 2025 and beyond. Given geopolitical tensions, the growth of renewables and increasing production outside OPEC as well, gas prices in particular are expected to decline on average in 2025. This article examines the key factors influencing these forecasts and their implications for global energy security in relation to economic stability.
Experts predict a moderate increase in natural gas prices through 2025, with an average price between $65 and $79 per barrel. Major factors include geopolitical instability, particularly in energy-producing regions, and fluctuations in global demand as economies recover from pandemics. The increase in non-OPEC production, particularly from countries such as the United States, is expected to stabilise supply and dampen price increases in the medium term.
Advances in renewable energy also play a role. With countries investing heavily in wind, solar and other sustainable sources, dependence on gas is expected to decrease over time, contributing to falling prices after 2025. However, the transition to renewables remains uneven globally, and traditional energy sources such as gas remain essential in many regions.
These forecasts highlight the complexity of energy markets and the need for long-term strategies to balance demand, environmental objectives and economic stability. Countries that adapt quickly to the changing dynamics of the energy sector will be better placed to cope with future price fluctuations.
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