European natural gas prices jumped after Ukraine's state-owned grid operator suspended Russian flows through a key entry point. Gas TSO of Ukraine on Tuesday announced force majeure – unforeseeable circumstances that prevent the fulfilment of a contract – the first declaration of ...
(Bloomberg) — European natural gas prices nudged higher as traders assess risks to winter supplies and uncertainty over demand in the heating season. Article content Article content Benchmark futures gained 0.6% after earlier sliding as much as 2.2%. Prices added almost 11% on the week, the b...
affecting the natural gas prices in 2021. Likewise in the U.S., Natural Gas Prices per MWh have already hit record-high levels in the latest weeks. Costs for industries, as well as for the consumer´s bills, will likely keep growing in ...
While natural gas demand has mostly recovered from the impact of COVID-19, the supply of the key fossil fuel has not. SEATTLE (Oil Monster): Americans have until recently been spared the dramatic hike in natural gas prices seen in other regions of the world. While energy bills have risen...
Natural gas production in Europe 2023, by country Energy Primary energy consumption in the EU-27 2019-2023, by fuel Prices, Marketing, and Trade Weekly Dutch TTF gas prices 2023-2024 Recommended statistics Overview Trade Prices Consumption and storage Electricity and heat generation OutlookKey...
Surging natural gas prices in the EU have already taken a toll on the economy. Inflation rates in the region are hovering at levels unseen for decades. Inflation in the 19-member eurozone climbed to 4.9 percent in November, a 25-year high. In the 27-member EU, the rate stood at 5.2 ...
Factors to be considered are the European Commission's proposal on the gas price cap and possible gas supply cuts.Key points Gas consumption among the main European countries remains below four-year average up to November (Germany -9%, France -4%, Italy -2%). Higher prices so far have ...
European natural gas prices jumped more than 8% on Dec. 20, nearing an all-time high, with Russian deliveries to Germany through the Yamal-Europe pipeline at very low levels. A rapid rise in gas prices in Europe in 2021 has caused power price rises, concerns about the knock-on effect on...
By Elena Mazneva (Bloomberg) European natural gas prices rose to the highest level in almost four months on persistent supply concerns amid the worst energy crunch in decades. Meanwhile, despite coal pouring into the Port of Rotterdam, stockpiles are severely depleted. Benchmark futures jumped as...
prices are verging on the surreal. Benchmark natural-gas prices surged by 30% last week. Last summer French and German year-ahead contracts for electricity traded at around €100 ($118) per megawatt hour. Recently they rose above €1,000. Prices have fallen since, but gas still trades at...