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 fall in quotes of NG, WTI, Brent.
A decrease of the indicator value may contribute to the rise in quotes of NG.
Hotter-than-usual weather in Northeast Asia has driven up the region's purchases of liquefied natural gas (LNG). Meanwhile, increased competition for the fuel could lead to a decline in European imports, according to Goldman Sachs analysts.
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.
Bloomberg reports a significant improvement in Germany's natural gas storage situation.The summer price drop has now transformed market conditions. Traders injected nearly 10 terawatt-hours of gas into storage last week.
A decrease of the indicator value may contribute to the rise in quotes of NG.
Bloomberg highlights the ongoing surge in European natural gas prices. Investors get more concerned about potential market tightening as global fuel demand spikes in various regions.
According to a Federal Reserve Bank of Dallas survey of 116 oil and gas executives, US natural gas prices are expected to reach $3.66 per million British thermal units (MMBtu) in six months, climbing to $3.81 in one year and $4.12 in two years.
As reported by Oilprice.com, the European Parliament has approved eased requirements for gas storage refills in the EU. This move is expected to help prevent sudden spikes in energy prices. Under the new rules, countries in the region must reach the 90% goal between October 1 and December 1.
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.
