Winter temperatures in Europe could be well above normal

According to Bloomberg, the EU-funded environmental think tank Copernicus predicts that temperatures in Europe will be significantly higher than normal this winter.

According to the seasonal forecast, abnormal warming is expected in all regions of Europe this winter.

Confidence that the weather will be warm has increased over the past month. Abnormally high temperatures could reduce demand for natural gas, the study said.

It notes that due to favorable weather conditions, Europe will have enough energy resources to meet domestic demand by the end of 2022, even if a "cold" start to 2023 is unlikely.