Tag: Brent crude
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The gas price has crashed and Malta would be making profits if it was’t for Miriam Dalli
Exceptionally warm weather, oversupply, and slowing economic growth have contributed to a crash in the price of natural gas as opposed to the oil price which is still well above pre-Russian invasion prices. Gas prices have crashed below pre-war levels. Miriam Dalli signed a gas-purchase agreement based on an oil-index price change whereby the Maltese…
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Malta’s gas trade is still in the red
This a gentle reminder that Malta has lost hundreds of millions of Euros on a panic trade last year with Miriam Dalli betting that oil would go down while gas would remain expensive. The exact opposite has happened. Mark CamilleriWebsite Editor Historian and Publisher
