Despite continued supply volatility over the next several years, European natural gas prices could fall next summer by 20% from current prices as high storage and soft demand play out in the market, according to Wood Mackenzie. In the consultancy's short-term outlook report, researchers said ...
Europe’s natural gas prices demonstrated fluctuating trends, influenced by high storage levels post-winter and the redistribution of global LNG cargoes. Despite substantial reserves, Europe’s dependence on international LNG, especially from the U.S., keeps the market responsive to worldwide ener...
The Argus European Natural Gas service is renowned for providing a unique perspective and expert insight on the European gas markets. This daily service features key prices and indexes for Europe’s gas trading hubs, along with information about trading activity and analysis of market dynamics. It...
Goldman Sachs predicts that natural gas prices in Europe will nearly triple from current prices this winter. Goldman Sachs predicts that in the second half of 2023, European gas prices may exceed 100 euros per megawatt-hour, equivalent to nearly three times the current price...
Gas prices soared earlier this month after German officials said the completed Nord Stream 2 gas pipeline from Russia to Germany could not be certified. It's unlikely it will be open anytime soon contributing to market instability. PAVEL ZAVALNYI Chairman, State Duma's Committee on Energy "Nat...
US natural gas rose 0.5% to $2.92 and is 13% higher this month. It has continued to climb in today’s trading. Prices have risen on the back of warmer weather predictions and a tropical storm off the coast of Texas. North Asian prices are 3.6% higher in June. Gas consumption in the...
Two years have passed since Russia invaded Ukraine, but European gas prices are at levels not seen since early 2021 as the market remains well supplied.
Asia is also pulling more liquefied natural gas to its shores as a heatwave boosts demand, meaning European gas prices need to remain higher in order for the region to attract LNG cargoes. “The global LNG balance shortness into winter only adds to the tightness, albeit for further in the ...
Benchmark natural gas prices in Europe set a new record today reaching $1,200 per 1,000 cu m, or over $100 per MWh. TASS reports that one of the reasons for the latest jump in prices could be a new decline in flows along the Yamal-Europe gas pipeline from Russia. According to the...