The Dutch government is confident that the country will reach its gas storage targets before the upcoming heating season, aiming to ease market concerns on the matter. According to the Ministry of Climate Policy and Green Growth, current fuel reserve volumes meet the EU threshold levels for July.
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.
According to Gas Infrastructure Europe (GIE), EU imports of liquefied natural gas (LNG) in May are growing at record rates and have already exceeded 6 billion cubic meters.
The cost of natgas in the US fell about 1% over the past day, hitting a two-week low, Business Recorder said. This price decline coincided with the release of a federal report from the Energy Information Administration (EIA).
Liquefied natural gas (LNG) traders are looking to supply more fuel to Southeast Asian exporters, many of which are forced to import LNG to meet growing energy demand.
An increase of the indicator value may contribute to the fall in quotes of NG.
According to the recent statements of vice president of Equinor Peder Bjorland for Reuters, keeping blue fuel prices attractive to suppliers will be necessary to replenish European storage facilities.
The United States will cut in half the time it takes to review applications for oil and gas development leases on federal lands. The review period will be reduced to six months. This announcement was made on Tuesday by the Department of the Interior (DOI).
Markets welcomed the US and China’s decision to pause tariffs for 90 days and negotiate. However, the move is unlikely to convince Beijing to resume buying US energy commodities, according to Reuters.
Natural gas prices in the US fell about 4% to levels just below $3.7 on Monday due to rising production coupled with a decline of raw material supply flows to liquefied natural gas (LNG) export plants.
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.
