NATURAL gas spot prices in Europe could rise\nby as much as a quarter year on year in 2024 to\nover $600 per 1,000 cubic metres, the International\nEnergy Agency (IEA) has warned in its\nGlobal Gas Security Review 2023.\nAfter spiking last summer, front-month\nprices at Europe's ...
Argus assesses the price of contracts trading on Austria’s Virtual Trading Point (VTP). Our gas price assessments are trusted and used by a wide range of customers throughout Europe as benchmarks in supply contracts, risk management processes, and downstream and infrastructure pricing. ...
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...
Due to increased export of liquefied natural gas (LNG) from the United States to Europe, both Norway and Russia saw lost market shares for the first time in four years, the report said. Although Russia and Norway have lost market shares in European countries, the volume has nevertheless incre...
The price of Natural gas:Natural gas prices are mainly driven by supply and demand fundamentals, and they may be also affected by the price of crude oil or petroleum products, especially in continental Europe. The prices of natural gas in the United States had historically followed oil prices,...
Oil prices have spiked and could remain elevated as companies try and find alternative cargo routes following vessel attacks in the Red Sea.… Europe Has To Live With Unpredictable Natural Gas Prices Nov 23, 2023 at 08:43 | Tsvetana Paraskova ...
US LNG producers are struggling to increase capacity to meet Europe's energy needs, which is also fueling expectations of a higher demand for US natural gas. The EIA said US gas storage was left at its lowest level in three years at the end of winter due to the particularly high demand ...
Argus Global Gas Markets helps our clients to keep informed about the key market trends across Europe, Asia, the Americas and beyond. Our analysis-led approach will address the most important topics in the market, providing a clear view on their impact on fundamentals, the interaction between ...
Since 2021, European natural gas price has been rising sharply, spiking up from 19.58 EUR/MWh in the beginning of the year to 180.68 EUR/MWh as of Dec 21, 2021. The price was driven up by supply shortage. 90% of natural gas supply in Europe relies on imports, and Russia is largest ...
Putin, meanwhile, strongly rejected criticism from some European politicians who alleged that Russia’s failure to boost supplies was fueling price increases. "Russia has always been a reliable gas supplier to consumers around the world, in Europe and in Asia, and always has fully met all its ...