(ANSA) - MILAN, 06 DEC - Fitch cuts its estimates on the price of gas in the short term, both for the Amsterdam TTF and for the US price list (Henry Hub).
On the other hand, forecasts for crude oil remained unchanged.
A decision that "reflects the drop in gas demand in Europe due to lower industrial consumption, the large supplies of liquefied natural gas (LNG) and the start of the winter season milder than usual".
As for crude oil, analysts report a "moderation in prices" due to lower economic growth, destined to "reduce demand in the short term".
Furthermore, an "easing of international tensions" will lead to "a further drop in prices in the long run".
(HANDLE).