US natural gas prices lost about 6% and fell to a nine-week low amid record production over the past weekend and forecasts of weaker demand next week. Accordion to LSEG, the Lower 48 states produced 106.3 billion cubic feet of gas per day this month.
According to Russia's energy strategy, the country's target for oil production is set at 540 million tons for the end of this decade and for mid-century. This suggests producing about 10.84 million barrels per day. Such a value is only slightly higher than the figures of 2023.
US natural gas prices lost about 6% and fell to a nine-week low amid record production over the past weekend and forecasts of weaker demand next week. Accordion to LSEG, the Lower 48 states produced 106.3 billion cubic feet of gas per day this month.
With Russian fuel supplies almost completely cut off, US liquefied natural gas (LNG) has helped ease shortages in Europe. President Trump's policies, however, have strained relations with EU allies and turned energy into a political instrument.
Liquefied natural gas (LNG) imports into Europe are expected to rise by 25% this year as the continent seeks to offset falling pipeline supplies, the International Energy Agency (IEA) reported. The agency also noted that demand in the region could get bigger on adverse weather conditions.
The European Union is set to reopen talks with the United States on increasing liquefied natural gas (LNG) imports, in order to prevent the reintroduction of Donald Trump's tariffs. This information comes from Politico, citing sources within the EU.
An increase of the indicator value may contribute to the rise in quotes of NG.
A decrease of the indicator value may contribute to the rise in quotes of NG, WTI, Brent.
This Friday, the 27 member states of the European Union are expected to endorse a joint agreement allowing for a 10% leeway in filling underground gas storage facilities to 90%.
According to the US Energy Information Administration (EIA), the nation's gas sales will increase in 2025, reaching 13.2 billion cubic feet per day for residential customers and 9.8 billion cubic feet per day for businesses.
The summer driving season is nearing and Germany is facing the need to replenish its natural gas reserves, which has caused prices to spike on the global market.
Natural gas is not just a fuel for cooking and heating. It is also a key element on the global economic stage. This page provides information on the latest market events and trends, allowing you to assess their impact on natural gas prices.
Natural gas market news is more than just information for experts. The news are important signals about the future of the energy sector and economy. Understanding these trends helps us to be both informed consumers and prudent investors.
